Is 50830, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50830 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 50830 was a Buyer's Market.

Key Takeaway

50830 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 50830, IA

How much do homes in 50830, IA cost?

Median Sold Price

$54,500

$51/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$95,500(-63.7%)

Key Takeaway

Homes in 50830 have sold for 63.7% less than they did a month ago.

Summary: The median home sold price in 50830 was $54,500 in April 2024, down 63.7% from last month, and the median price per square foot was $51.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$54.5K
N/A
3 $150K-
N/A
4 -$97
N/A
5+ -$1.2M
N/A

Summary: 50830 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 50830, IA

How many homes are available in 50830, IA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
109-10.0%

Summary: The 50830 real estate market had 9 homes for sale in April 2024, a 10.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 33
0.0%
5+ 11
0.0%

Summary: The 50830 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50830, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 50830 in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 50830, IA

How long does it take to sell a home in 50830, IA?

Average Sale Time

Mar 2024Apr 2024CHANGE
74 Days56 Days-24.0%

Summary: Homes in 50830 had an average of 56 days on market in Apr 2024, down by 24% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 50830 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 50830; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in 50830, IA

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