Is 50310, 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, 50310 has remained a Seller's Market.
Key Takeaway
50310 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50310, IA
How much do homes in 50310, IA cost?
Median Sold Price
$235,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 50310 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 50310 was $235,000 in April 2024, up 8.3% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124.5K | $105.9K | -14.9% |
| 2 Bedrooms | $170K | $185K | +8.8% |
| 3 Bedrooms | $225K | $246.3K | +9.5% |
| 4 Bedrooms | $265K | $289.9K | +9.4% |
| 5+ Bedrooms | $270K | $272.5K | +0.9% |
Summary: 50310 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.9%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 0.9%.
Housing Supply in 50310, IA
How many homes are available in 50310, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 139 | 134 | -3.6% |
Summary: The 50310 real estate market had 134 homes for sale in April 2024, a 3.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 36 | 32 | -11.1% |
| 3 Bedrooms | 68 | 73 | +7.4% |
| 4 Bedrooms | 30 | 21 | -30.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 50310 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 42 | +16.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50310, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 50310 in April 2024, up by 16.7% month-over-month. Of the 42 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for 50310, IA
How long does it take to sell a home in 50310, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 23 Days | -1.7% |
Summary: Homes in 50310 had an average of 23 days on market in Apr 2024, down by 1.7% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50310 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 42 homes were sold in 50310; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
