Is 50049, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50049 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 50049 was a Seller's Market.

Key Takeaway

50049 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 50049, IA

How much do homes in 50049, IA cost?

Median Sold Price

$120,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$21,700(-15.3%)

Key Takeaway

Homes in 50049 have sold for 15.3% less than they did a year ago.

Summary: The median home sold price in 50049 was $120,000 in October 2024, down 15.3% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$69K
N/A
2 $128.2K$250K
+94.9%
3 $164.2K$124.2K
-24.3%
4 $220K$204.5K
-7.0%
5+ -$55K
N/A

Summary: 50049 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 94.9%, 3 bedroom homes decreased by 24.3%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes did not change.

Housing Supply in 50049, IA

How many homes are available in 50049, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
20200.0%

Summary: The 50049 real estate market had 20 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 88
0.0%
4 55
0.0%
5+ 33
0.0%

Summary: The 50049 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50049, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 50049 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 50049, IA

How long does it take to sell a home in 50049, IA?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days47 Days+235.7%

Summary: Homes in 50049 had an average of 47 days on market in Oct 2024, up by 235.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 50049 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 50049; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 50049, IA

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