Is 50266, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 50266 has remained a Seller's Market.
Key Takeaway
50266 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50266, IA
How much do homes in 50266, IA cost?
Median Sold Price
$334,644
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 50266 have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in 50266 was $334,644 in April 2024, up 11.6% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $73.7K | $100.7K | +36.7% |
| 2 Bedrooms | $181.2K | $195K | +7.6% |
| 3 Bedrooms | $299.9K | $329.6K | +9.9% |
| 4 Bedrooms | $425K | $449.9K | +5.9% |
| 5+ Bedrooms | $515K | $579.3K | +12.5% |
Summary: 50266 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.7%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 12.5%.
Housing Supply in 50266, IA
How many homes are available in 50266, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 174 | 184 | +5.7% |
Summary: The 50266 real estate market had 184 homes for sale in April 2024, a 5.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 32 | 36 | +12.5% |
| 3 Bedrooms | 60 | 54 | -10.0% |
| 4 Bedrooms | 57 | 62 | +8.8% |
| 5+ Bedrooms | 24 | 31 | +29.2% |
Summary: The 50266 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 29.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 37 | -5.1% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50266, you may be able to get a good deal. 56.8% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in 50266 in April 2024, down by 5.1% month-over-month. Of the 37 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.
Days on Market for 50266, IA
How long does it take to sell a home in 50266, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 57 Days | 87 Days | +53.8% |
Summary: Homes in 50266 had an average of 87 days on market in Apr 2024, up by 53.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50266 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 37 homes were sold in 50266; 57% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
