Is 50010, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50010 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 50010 was a Seller's Market.

Key Takeaway

50010 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 50010, IA

How much do homes in 50010, IA cost?

Median Sold Price

$289,300

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,300(+1.2%)

Key Takeaway

Homes in 50010 have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in 50010 was $289,300 in November 2024, up 1.2% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $30K$109.7K
+265.8%
2 $192K$200K
+4.2%
3 $275K$269.5K
-2.0%
4 $345K$366K
+6.1%
5+ $327K$357.5K
+9.3%

Summary: 50010 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 265.8%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 9.3%.

Median Sold Price Compared To Nearby Zip Codes

50201
+1.9%
50010
+1.2%
50014
+0.7%

Housing Supply in 50010, IA

How many homes are available in 50010, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7463-14.9%

Summary: The 50010 real estate market had 63 homes for sale in November 2024, a 14.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 95
-44.4%
3 2524
-4.0%
4 2520
-20.0%
5+ 1414
0.0%

Summary: The 50010 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1910-47.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50010, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 50010 in November 2024, down by 47.4% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for 50010, IA

How long does it take to sell a home in 50010, IA?

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days26 Days-36.8%

Summary: Homes in 50010 had an average of 26 days on market in Nov 2024, down by 36.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 50010 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 50010; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 21 Days Ago

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