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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50010 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 50010 has remained a Seller's Market.

Key Takeaway

50010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 50010, IA

How much do homes in 50010, IA cost?

Median Sold Price

$289,987

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,487(+2.7%)

Key Takeaway

Homes in 50010 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 50010 was $289,987 in October 2024, up 2.7% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $30K$109.7K
+265.8%
2 $193.5K$200K
+3.4%
3 $273.2K$269K
-1.6%
4 $343.5K$364K
+6.0%
5+ $323.5K$350K
+8.2%

Summary: 50010 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 265.8%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Zip Codes

50201
+3.0%
50010
+2.7%
50014
+1.8%

Housing Supply in 50010, IA

How many homes are available in 50010, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
70700.0%

Summary: The 50010 real estate market had 70 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 410
+150.0%
3 2621
-19.2%
4 2925
-13.8%
5+ 913
+44.4%

Summary: The 50010 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes increased by 44.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1115+36.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were 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. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 50010 in October 2024, up by 36.4% month-over-month. Of the 15 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% 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

Oct 2023Oct 2024CHANGE
17 Days39 Days+121.1%

Summary: Homes in 50010 had an average of 39 days on market in Oct 2024, up by 121.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 October 2024, 15 homes were sold in 50010; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% 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 4 Days Ago

Newest Listings in 50010, IA

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