$3,503 Closing Credit*
$295,000
1,212 SqFt
4 Beds
•1 Full Bath
Kenny Kauzlarich, Listing Office: RE/MAX Precision
Is 50021, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 50021 has remained a Seller's Market.
Key Takeaway
50021 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50021, IA
How much do homes in 50021, IA cost?
Median Sold Price
$312,166
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,176(+4.1%)
Key Takeaway
Homes in 50021 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 50021 was $312,166 in October 2024, up 4.1% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $162.2K | N/A |
| 2 Bedrooms | $192.5K | $199K | +3.4% |
| 3 Bedrooms | $291K | $298.7K | +2.7% |
| 4 Bedrooms | $385K | $362.7K | -5.8% |
| 5+ Bedrooms | $532.4K | $482.4K | -9.4% |
Summary: 50021 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 9.4%.
Housing Supply in 50021, IA
How many homes are available in 50021, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 215 | 225 | +4.7% |
Summary: The 50021 real estate market had 225 homes for sale in October 2024, a 4.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 44 | 41 | -6.8% |
| 3 Bedrooms | 83 | 82 | -1.2% |
| 4 Bedrooms | 62 | 67 | +8.1% |
| 5+ Bedrooms | 26 | 35 | +34.6% |
Summary: The 50021 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 decreased by 6.8%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 34.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50021, you may be able to get a good deal. 58% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in 50021 in October 2024, up by 16.3% month-over-month. Of the 50 sold homes, 58% were sold under asking, 26% were sold at asking, and 16% were sold over asking.
Days on Market for 50021, IA
How long does it take to sell a home in 50021, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 71 Days | +126.9% |
Summary: Homes in 50021 had an average of 71 days on market in Oct 2024, up by 126.9% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50021 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 50 homes were sold in 50021; 64% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
