$2,969 Closing Credit*
$250,000
1,082 SqFt
2 Beds
•1 Full Bath
Char Klisares, Listing Office: RE/MAX Hilltop
Is 50063, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 50063 has remained a Seller's Market.
Key Takeaway
50063 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50063, IA
How much do homes in 50063, IA cost?
Median Sold Price
$309,900
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$67,400(+27.8%)
Key Takeaway
Homes in 50063 have sold for 27.8% more than they did a year ago.
Summary: The median home sold price in 50063 was $309,900 in October 2024, up 27.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192K | $199.9K | +4.1% |
| 3 Bedrooms | $234.9K | $262.5K | +11.7% |
| 4 Bedrooms | $509.1K | $347.5K | -31.7% |
| 5+ Bedrooms | $572.5K | $568.4K | -0.7% |
Summary: 50063 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 4.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 31.7%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 50063, IA
How many homes are available in 50063, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Summary: The 50063 real estate market had 18 homes for sale in October 2024, a 5.9% 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 | 3 | +50.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 50063 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 increased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50063, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 50063 in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 9 Days | -87.6% |
Summary: Homes in 50063 had an average of 9 days on market in Oct 2024, down by 87.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50063 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 50063; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
