Is 50320, 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, 50320 has remained a Seller's Market.
Housing Prices in 50320, IA
How much do homes in 50320, IA cost?
Median Sold Price
$260,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 50320 was $260,000 in March 2024, up 1.8% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $201K | N/A |
2 Bedrooms | $154K | $152K | -1.3% |
3 Bedrooms | $260K | $271.5K | +4.4% |
4 Bedrooms | $272.5K | $305K | +11.9% |
5+ Bedrooms | $325K | $332.5K | +2.3% |
Summary: 50320 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 decreased by 1.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 2.3%.
Housing Supply in 50320, IA
How many homes are available in 50320, IA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 66 | +15.8% |
Summary: The 50320 real estate market had 66 homes for sale in March 2024, a 15.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 31 | 29 | -6.5% |
4 Bedrooms | 16 | 20 | +25.0% |
5+ Bedrooms | 3 | 8 | +166.7% |
Summary: The 50320 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 166.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 16 | +128.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 50320 in March 2024, up by 128.6% month-over-month. Of the 16 sold homes, 75% were sold under asking, 6% were sold at asking, and 19% were sold over asking.
Days on Market for 50320, IA
How long does it take to sell a home in 50320, IA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 52 Days | +125.8% |
Summary: Homes in 50320 had an average of 52 days on market in Mar 2024, up by 125.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 50320; 56% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.