$3,028 Closing Credit*
$255,000
1,410 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ethan Hokel, Listing Office: Century 21 Signature
Is 50124, 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, 50124 has remained a Seller's Market.
Key Takeaway
50124 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50124, IA
How much do homes in 50124, IA cost?
Median Sold Price
$318,750
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$38,901(-10.9%)
Key Takeaway
Homes in 50124 have sold for 10.9% less than they did a year ago.
Summary: The median home sold price in 50124 was $318,750 in November 2024, down 10.9% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $232.5K | +16.3% |
| 3 Bedrooms | $315K | $302.5K | -4.0% |
| 4 Bedrooms | $403K | $455K | +12.9% |
| 5+ Bedrooms | $439.9K | $527.8K | +20.0% |
Summary: 50124 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 16.3%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Zip Codes
| 50010 | $286K | $289.3K | +1.2% |
| 50124 | $357.6K | $318.7K | -10.9% |
Housing Supply in 50124, IA
How many homes are available in 50124, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 27 | -18.2% |
Summary: The 50124 real estate market had 27 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 13 | 9 | -30.8% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 50124 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 decreased by 30.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 50124, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 50124 in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for 50124, IA
How long does it take to sell a home in 50124, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 25 Days | -34.8% |
Summary: Homes in 50124 had an average of 25 days on market in Nov 2024, down by 34.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 50124 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 50124; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
