$3,705 Closing Credit*
$312,000
1,218 SqFt
2 Beds
•2 Full Baths
Tammy Heckart, Listing Office: RE/MAX Concepts
Is 50073, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 50073 has remained a Seller's Market.
Key Takeaway
50073 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50073, IA
How much do homes in 50073, IA cost?
Median Sold Price
$290,000
$246/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$20,100(+7.4%)
Key Takeaway
Homes in 50073 have sold for 7.4% more than they did a month ago.
Summary: The median home sold price in 50073 was $290,000 in October 2024, up 7.4% from last month, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202K | $137K | -32.2% |
| 3 Bedrooms | $269.9K | $281K | +4.1% |
| 4 Bedrooms | $385.8K | $402K | +4.2% |
| 5+ Bedrooms | $442.4K | $484.5K | +9.5% |
Summary: 50073 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 9.5%.
Median Sold Price Compared To Nearby Zip Codes
| 50073 | $269.9K | $290K | +7.4% |
| 50046 | $409.9K | $259.9K | -36.6% |
Housing Supply in 50073, IA
How many homes are available in 50073, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 32 | -20.0% |
Summary: The 50073 real estate market had 32 homes for sale in October 2024, a 20.0% decrease 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 | 1 | -50.0% |
| 3 Bedrooms | 12 | 7 | -41.7% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The 50073 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 decreased by 50%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50073, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 50073 in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 140 Days | 16 Days | -88.6% |
Summary: Homes in 50073 had an average of 16 days on market in Oct 2024, down by 88.6% compared to last month.
Breakdown of Home Sale Times
6 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 50073 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 50073; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
