Is 50036, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50036 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 50036 has remained a Seller's Market.

Key Takeaway

50036 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 50036, IA

How much do homes in 50036, IA cost?

Median Sold Price

$190,600

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,600(+8.3%)

Key Takeaway

Homes in 50036 have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in 50036 was $190,600 in October 2024, up 8.3% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $176K$35K
-80.1%
2 $128.5K$149.9K
+16.7%
3 $182.2K$196K
+7.5%
4 $198K$224.5K
+13.4%
5+ $398K$337.2K
-15.3%

Summary: 50036 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 80.1%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes decreased by 15.3%.

Median Sold Price Compared To Nearby Zip Codes

50036
+8.3%
50014
+1.8%

Housing Supply in 50036, IA

How many homes are available in 50036, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7167-5.6%

Summary: The 50036 real estate market had 67 homes for sale in October 2024, a 5.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1213
+8.3%
3 3328
-15.2%
4 1615
-6.3%
5+ 1010
0.0%

Summary: The 50036 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2117-19.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50036, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 50036 in October 2024, down by 19.0% month-over-month. Of the 17 sold homes, 65% were sold under asking, 12% were sold at asking, and 24% were sold over asking.

Days on Market for 50036, IA

How long does it take to sell a home in 50036, IA?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days51 Days+194.1%

Summary: Homes in 50036 had an average of 51 days on market in Oct 2024, up by 194.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 50036 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 50036; 47% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 18% 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 50036, IA

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