$5,700 Closing Credit*
$480,000
1,755 SqFt
5 Beds
•1 Full Bath, 1 Partial
Matt Law, Listing Office: RE/MAX Precision
Is 50014, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 50014 was a Seller's Market.
Key Takeaway
50014 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 50014, IA
How much do homes in 50014, IA cost?
Median Sold Price
$345,950
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,950(+1.8%)
Key Takeaway
Homes in 50014 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 50014 was $345,950 in October 2024, up 1.8% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.5K | $128K | 0.4% |
| 2 Bedrooms | $187.5K | $225K | +20.0% |
| 3 Bedrooms | $310K | $332.5K | +7.3% |
| 4 Bedrooms | $361K | $372.5K | +3.2% |
| 5+ Bedrooms | $425K | $445K | +4.7% |
Summary: 50014 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Zip Codes
| 50010 | $282.5K | $289.9K | +2.7% |
| 50014 | $340K | $345.9K | +1.8% |
Housing Supply in 50014, IA
How many homes are available in 50014, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 69 | 0.0% |
Summary: The 50014 real estate market had 69 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 28 | 27 | -3.6% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The 50014 housing inventory by bedroom type for October 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 23.1%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 8 | -46.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 50014, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 50014 in October 2024, down by 46.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 50014, IA
How long does it take to sell a home in 50014, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 40 Days | +8.1% |
Summary: Homes in 50014 had an average of 40 days on market in Oct 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 50014 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 50014; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
