Is 50314, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 50314 has remained a Seller's Market.
Key Takeaway
50314 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50314, IA
How much do homes in 50314, IA cost?
Median Sold Price
$163,750
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 50314 have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in 50314 was $163,750 in March 2024, up 5.9% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122.4K | - | N/A |
| 2 Bedrooms | $82.5K | $95K | +15.2% |
| 3 Bedrooms | $159.5K | $162K | +1.6% |
| 4 Bedrooms | $185K | $180.2K | -2.6% |
| 5+ Bedrooms | $205K | $220K | +7.3% |
Summary: 50314 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 7.3%.
Housing Supply in 50314, IA
How many homes are available in 50314, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 36 | +44.0% |
Summary: The 50314 real estate market had 36 homes for sale in March 2024, a 44.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 6 | 10 | +66.7% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 50314 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50314, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 50314 in March 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for 50314, IA
How long does it take to sell a home in 50314, IA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 56 Days | +60.0% |
Summary: Homes in 50314 had an average of 56 days on market in Mar 2024, up by 60% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50314 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in 50314; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
