Is 50170, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50170 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 50170 was a Seller's Market.

Key Takeaway

50170 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 50170, IA

How much do homes in 50170, IA cost?

Median Sold Price

$245,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$45,000(+22.5%)

Key Takeaway

Homes in 50170 have sold for 22.5% more than they did a year ago.

Summary: The median home sold price in 50170 was $245,000 in December 2024, up 22.5% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $270K$125K
-53.7%
2 $150K$168K
+12.0%
3 $200K$243K
+21.5%
4 $190K$280K
+47.4%
5+ $408K$525.3K
+28.8%

Summary: 50170 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.7%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes increased by 28.8%.

Median Sold Price Compared To Nearby Zip Codes

50170
+22.5%
50228
+2.3%

Housing Supply in 50170, IA

How many homes are available in 50170, IA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
136-53.8%

Summary: The 50170 real estate market had 6 homes for sale in December 2024, a 53.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 30
-100.0%
3 21
-50.0%
4 85
-37.5%
5+ 00
0.0%

Summary: The 50170 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 decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50170, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 50170 in December 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 50170, IA

How long does it take to sell a home in 50170, IA?

Average Sale Time

Dec 2023Dec 2024CHANGE
8 Days9 Days+5.9%

Summary: Homes in 50170 had an average of 9 days on market in Dec 2024, up by 5.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 50170 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in 50170; 100% of homes were sold within 30 days, 0% 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 8 Days Ago

Newest Listings in 50170, IA

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