$3,040 Closing Credit*
$256,000
2,352 SqFt
6 Beds
•2 Full Baths
Zineta Imamovic, Listing Office: Realty ONE Group Impact
Is 50208, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 50208 has remained a Seller's Market.
Key Takeaway
50208 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50208, IA
How much do homes in 50208, IA cost?
Median Sold Price
$180,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$15,550(+9.5%)
Key Takeaway
Homes in 50208 have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in 50208 was $180,000 in December 2024, up 9.5% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45K | $83K | +84.4% |
| 2 Bedrooms | $127K | $139.9K | +10.2% |
| 3 Bedrooms | $170K | $195K | +14.7% |
| 4 Bedrooms | $221K | $240.7K | +8.9% |
| 5+ Bedrooms | $411.3K | $210K | -49.0% |
Summary: 50208 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 84.4%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 49%.
Median Sold Price Compared To Nearby Zip Codes
| 50208 | $164.4K | $180K | +9.5% |
| 50054 | $175K | $185.7K | +6.1% |
| 50028 | $200K | $207K | +3.5% |
Housing Supply in 50208, IA
How many homes are available in 50208, IA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 99 | 93 | -6.1% |
Summary: The 50208 real estate market had 93 homes for sale in December 2024, a 6.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 18 | 15 | -16.7% |
| 3 Bedrooms | 52 | 49 | -5.8% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 50208 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 16.7%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50208, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 50208 in December 2024, up by 13.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for 50208, IA
How long does it take to sell a home in 50208, IA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 29 Days | 63 Days | +112.8% |
Summary: Homes in 50208 had an average of 63 days on market in Dec 2024, up by 112.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50208 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 17 homes were sold in 50208; 53% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
