Is 50313, 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, 50313 has remained a Seller's Market.
Key Takeaway
50313 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50313, IA
How much do homes in 50313, IA cost?
Median Sold Price
$172,250
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 50313 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 50313 was $172,250 in April 2024, up 2.5% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | $121.5K | +22.7% |
| 2 Bedrooms | $139K | $155K | +11.5% |
| 3 Bedrooms | $180K | $185K | +2.8% |
| 4 Bedrooms | $221K | $215K | -2.7% |
| 5+ Bedrooms | $239.5K | $460K | +92.1% |
Summary: 50313 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.7%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 92.1%.
Housing Supply in 50313, IA
How many homes are available in 50313, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 70 | 69 | -1.4% |
Summary: The 50313 real estate market had 69 homes for sale in April 2024, a 1.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 29 | 30 | +3.4% |
| 3 Bedrooms | 29 | 29 | 0.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 50313 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 3.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50313, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 50313 in April 2024, up by 21.1% month-over-month. Of the 23 sold homes, 52% were sold under asking, 13% were sold at asking, and 35% were sold over asking.
Days on Market for 50313, IA
How long does it take to sell a home in 50313, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 22 Days | +154.0% |
Summary: Homes in 50313 had an average of 22 days on market in Apr 2024, up by 154% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50313 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 23 homes were sold in 50313; 78% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
