$10,000 Closing Credit*
$845,000
2,060 SqFt
3 Beds
•2 Full Baths, 1 Partial
Karla Alaniz, Listing Office: Keller Williams Realty GDM
Is 50063, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 50063 has remained a Buyer's Market.
Key Takeaway
50063 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 50063, IA
How much do homes in 50063, IA cost?
Median Sold Price
$348,750
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$106,250(+43.8%)
Key Takeaway
Homes in 50063 have sold for 43.8% more than they did a year ago.
Summary: The median home sold price in 50063 was $348,750 in November 2024, up 43.8% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192K | $199.9K | +4.1% |
| 3 Bedrooms | $234.9K | $285.5K | +21.5% |
| 4 Bedrooms | $509.1K | $347.5K | -31.7% |
| 5+ Bedrooms | $572.5K | $516.7K | -9.7% |
Summary: 50063 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 21.5%, 4 bedroom homes decreased by 31.7%, and 5+ bedroom homes decreased by 9.7%.
Housing Supply in 50063, IA
How many homes are available in 50063, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The 50063 real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 50063 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 50063, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 50063 in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 50063, IA
How long does it take to sell a home in 50063, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 102 Days | +2450.0% |
Summary: Homes in 50063 had an average of 102 days on market in Nov 2024, up by 2450% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 50063 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 50063; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
