Is 50201, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50201 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 50201 was a Seller's Market.

Key Takeaway

50201 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 50201, IA

How much do homes in 50201, IA cost?

Median Sold Price

$215,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,250(+3.0%)

Key Takeaway

Homes in 50201 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 50201 was $215,000 in October 2024, up 3% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$150K
N/A
2 $174.9K$161.7K
-7.5%
3 $198.1K$219.7K
+10.9%
4 $272.5K$231.9K
-14.9%
5+ $390K$320K
-17.9%

Summary: 50201 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes decreased by 17.9%.

Median Sold Price Compared To Nearby Zip Codes

50236
+37.1%
50154
+8.9%
50201
+3.0%
50010
+2.7%

Housing Supply in 50201, IA

How many homes are available in 50201, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1719+11.8%

Summary: The 50201 real estate market had 19 homes for sale in October 2024, a 11.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 68
+33.3%
4 52
-60.0%
5+ 24
+100.0%

Summary: The 50201 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 increased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50201, 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 50201 in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 50201, IA

How long does it take to sell a home in 50201, IA?

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days32 Days+790.9%

Summary: Homes in 50201 had an average of 32 days on market in Oct 2024, up by 790.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 50201 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 50201; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

Newest Listings in 50201, IA

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