Is 50014, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50014 is a buyer'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

# BEDSOct 2023Oct 2024CHANGE
1 $127.5K$128K
0.4%
2 $187.5K$225K
+20.0%
3 $310K$332.5K
+7.3%
4 $361K$372.5K
+3.2%
5+ $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
+2.7%
50014
+1.8%

Housing Supply in 50014, IA

How many homes are available in 50014, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
69690.0%

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

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 77
0.0%
3 1316
+23.1%
4 2827
-3.6%
5+ 1917
-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 2024Oct 2024CHANGE
158-46.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

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 2023Oct 2024CHANGE
37 Days40 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

Breakdown of Home Sale Times

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.

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

Report Updated 23 Days Ago

Newest Listings in 50014, IA

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