$105,000
7.00 Acres
Land
Shane Spyksma, Listing Office: Kiloterra
Is 50070, 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, 50070 has remained a Seller's Market.
Key Takeaway
50070 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50070, IA
How much do homes in 50070, IA cost?
Median Sold Price
$310,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$100,000(+47.6%)
Key Takeaway
Homes in 50070 have sold for 47.6% more than they did a year ago.
Summary: The median home sold price in 50070 was $310,000 in November 2024, up 47.6% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $174.2K | $275K | +57.8% |
| 3 Bedrooms | $215K | $284.9K | +32.5% |
| 4 Bedrooms | $150K | $385K | +156.7% |
| 5+ Bedrooms | $280K | $689.6K | +146.3% |
Summary: 50070 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 57.8%, 3 bedroom homes increased by 32.5%, 4 bedroom homes increased by 156.7%, and 5+ bedroom homes increased by 146.3%.
Median Sold Price Compared To Nearby Zip Codes
| 50070 | $210K | $310K | +47.6% |
| 50250 | $211.2K | $267.4K | +26.6% |
| 50273 | $239.9K | $255K | +6.3% |
| 50072 | $320K | $322K | +0.6% |
Housing Supply in 50070, IA
How many homes are available in 50070, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The 50070 real estate market had 9 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 50070 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50070, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 50070 in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 50070, IA
How long does it take to sell a home in 50070, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 50 Days | -17.6% |
Summary: Homes in 50070 had an average of 50 days on market in Nov 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 50070 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 50070; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
