Is 50273, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 50273 was a Seller's Market.
Housing Prices in 50273, IA
How much do homes in 50273, IA cost?
Median Sold Price
$249,500
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 50273 was $249,500 in April 2024, up 16% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $113K | N/A |
2 Bedrooms | $179.5K | $192K | +7.0% |
3 Bedrooms | $194.9K | $260K | +33.4% |
4 Bedrooms | $325K | $275K | -15.4% |
5+ Bedrooms | $305K | $477.4K | +56.5% |
Summary: 50273 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 33.4%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 56.5%.
Median Sold Price Compared To Nearby Zip Codes
50273 | $215K | $249.5K | +16.0% |
50261 | $374.2K | $304.9K | -18.5% |
Housing Supply in 50273, IA
How many homes are available in 50273, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 44 | +4.8% |
Summary: The 50273 real estate market had 44 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 7 | -30.0% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 17 | 16 | -5.9% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 50273 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 decreased by 30%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 6 | -53.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 50273 in April 2024, down by 53.8% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 50273, IA
How long does it take to sell a home in 50273, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 53 Days | +42.1% |
Summary: Homes in 50273 had an average of 53 days on market in Apr 2024, up by 42.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 50273; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.