Is 50327, 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, 50327 has remained a Seller's Market.
Housing Prices in 50327, IA
How much do homes in 50327, IA cost?
Median Sold Price
$300,700
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 50327 was $300,700 in March 2024, down 0.1% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $250K | +8.7% |
3 Bedrooms | $283.2K | $291.9K | +3.1% |
4 Bedrooms | $369K | $359.8K | -2.5% |
5+ Bedrooms | $397.5K | $449.5K | +13.1% |
Summary: 50327 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 8.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 13.1%.
Housing Supply in 50327, IA
How many homes are available in 50327, IA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
86 | 89 | +3.5% |
Summary: The 50327 real estate market had 89 homes for sale in March 2024, a 3.5% 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 | 6 | -14.3% |
3 Bedrooms | 53 | 53 | 0.0% |
4 Bedrooms | 18 | 24 | +33.3% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 50327 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 decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 16 | +77.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 50327 in March 2024, up by 77.8% month-over-month. Of the 16 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for 50327, IA
How long does it take to sell a home in 50327, IA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 89 Days | +247.7% |
Summary: Homes in 50327 had an average of 89 days on market in Mar 2024, up by 247.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 50327; 44% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.