Is 50321, 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, 50321 has remained a Seller's Market.
Key Takeaway
50321 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50321, IA
How much do homes in 50321, IA cost?
Median Sold Price
$317,499
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 50321 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 50321 was $317,499 in April 2024, up 3.6% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $231K | $237.5K | +2.8% |
| 3 Bedrooms | $306.5K | $305K | -0.5% |
| 4 Bedrooms | $390.7K | $350K | -10.4% |
| 5+ Bedrooms | $430K | $397.5K | -7.6% |
Summary: 50321 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 2.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 7.6%.
Housing Supply in 50321, IA
How many homes are available in 50321, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 27 | -12.9% |
Summary: The 50321 real estate market had 27 homes for sale in April 2024, a 12.9% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 15 | 9 | -40.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 50321 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 remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
4 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 50321, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 50321 in April 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for 50321, IA
How long does it take to sell a home in 50321, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 24 Days | -30.2% |
Summary: Homes in 50321 had an average of 24 days on market in Apr 2024, down by 30.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 50321 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in 50321; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
