$3,503 Closing Credit*
$295,000
1,466 SqFt
3 Beds
•2 Full Baths, 1 Partial
Natalie St. John, Listing Office: RE/MAX Precision
Is 50035, 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, 50035 was a Seller's Market.
Key Takeaway
50035 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 50035, IA
How much do homes in 50035, IA cost?
Median Sold Price
$338,250
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,090(+4.0%)
Key Takeaway
Homes in 50035 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 50035 was $338,250 in October 2024, up 4% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $251K | $226.2K | -9.8% |
| 3 Bedrooms | $303.5K | $302K | -0.5% |
| 4 Bedrooms | $355K | $355K | 0.0% |
| 5+ Bedrooms | $480K | $493.4K | +2.8% |
Summary: 50035 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 decreased by 9.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2.8%.
Housing Supply in 50035, IA
How many homes are available in 50035, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 103 | 104 | +1.0% |
Summary: The 50035 real estate market had 104 homes for sale in October 2024, a 1.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 40 | 35 | -12.5% |
| 4 Bedrooms | 52 | 57 | +9.6% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 50035 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 decreased by 12.5%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 50035, 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 50035 in October 2024, down by 11.8% month-over-month. Of the 15 sold homes, 47% were sold under asking, 47% were sold at asking, and 7% were sold over asking.
Days on Market for 50035, IA
How long does it take to sell a home in 50035, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 49 Days | -38.4% |
Summary: Homes in 50035 had an average of 49 days on market in Oct 2024, down by 38.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50035 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 50035; 53% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
