$2,078 Closing Credit*
$175,000
1,106 SqFt
2 Beds
•2 Full Baths
Robert Bish, Listing Office: LPT Realty, LLC
Is 50054, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 50054 has remained a Seller's Market.
Key Takeaway
50054 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50054, IA
How much do homes in 50054, IA cost?
Median Sold Price
$185,750
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$10,750(+6.1%)
Key Takeaway
Homes in 50054 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 50054 was $185,750 in December 2024, up 6.1% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $127.6K | +34.4% |
| 2 Bedrooms | $99.7K | $75K | -24.8% |
| 3 Bedrooms | $192.5K | $193.5K | 0.5% |
| 4 Bedrooms | $217.2K | $205K | -5.6% |
| 5+ Bedrooms | $293K | $352.5K | +20.3% |
Summary: 50054 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes decreased by 24.8%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 20.3%.
Median Sold Price Compared To Nearby Zip Codes
| 50169 | $222K | $265K | +19.4% |
| 50208 | $164.4K | $180K | +9.5% |
| 50054 | $175K | $185.7K | +6.1% |
| 50228 | $239.5K | $245K | +2.3% |
Housing Supply in 50054, IA
How many homes are available in 50054, IA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Summary: The 50054 real estate market had 12 homes for sale in December 2024, a 20.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 50054 housing inventory by bedroom type for December 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 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 50054, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 50054 in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 50054, IA
How long does it take to sell a home in 50054, IA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 24 Days | 55 Days | +122.2% |
Summary: Homes in 50054 had an average of 55 days on market in Dec 2024, up by 122.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 50054 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in 50054; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
