Is 50069, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50069 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 50069 was a Seller's Market.

Key Takeaway

50069 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 50069, IA

How much do homes in 50069, IA cost?

Median Sold Price

$285,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,000(+2.2%)

Key Takeaway

Homes in 50069 have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in 50069 was $285,000 in November 2024, up 2.2% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $585K$123K
-79.0%
3 $252.5K$177.5K
-29.7%
4 $296.5K$302.4K
+2.0%
5+ -$365K
N/A

Summary: 50069 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 decreased by 79%, 3 bedroom homes decreased by 29.7%, 4 bedroom homes increased by 2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

50069
+2.2%
50072
+0.6%
50003
-2.9%
50261
-2.9%

Housing Supply in 50069, IA

How many homes are available in 50069, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The 50069 real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 43
-25.0%
5+ 10
-100.0%

Summary: The 50069 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50069, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 50069 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 50069, IA

How long does it take to sell a home in 50069, IA?

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days110 Days+2100.0%

Summary: Homes in 50069 had an average of 110 days on market in Nov 2024, up by 2100% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 50069 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 50069; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 27 Days Ago

Newest Listings in 50069, IA

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