Is 50073, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50073 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 50073 has remained a Buyer's Market.

Key Takeaway

50073 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 50073, IA

How much do homes in 50073, IA cost?

Median Sold Price

$369,495

$214/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$1,495(-0.4%)

Key Takeaway

The sold price of homes in 50073 has remained the same since last month.

Summary: The median home sold price in 50073 was $369,495 in December 2024, down 0.4% from last month, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $313K-
N/A
4 $370.9K$345K
-7.0%
5+ $438.9K$393.9K
-10.3%

Summary: 50073 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 10.3%.

Median Sold Price Compared To Nearby Zip Codes

50046
+11.9%
50073
-0.4%

Housing Supply in 50073, IA

How many homes are available in 50073, IA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3332-3.0%

Summary: The 50073 real estate market had 32 homes for sale in December 2024, a 3.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 46
+50.0%
4 2119
-9.5%
5+ 76
-14.3%

Summary: The 50073 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 increased by 50%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was 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 50073, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 50073 in December 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 50073, IA

How long does it take to sell a home in 50073, IA?

Average Sale Time

Nov 2024Dec 2024CHANGE
94 Days44 Days-53.1%

Summary: Homes in 50073 had an average of 44 days on market in Dec 2024, down by 53.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 50073 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in 50073; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 10 Days Ago

Newest Listings in 50073, IA

Nearby Markets to 50073, IA