Is 50212, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50212 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 50212 was a Seller's Market.

Key Takeaway

50212 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 50212, IA

How much do homes in 50212, IA cost?

Median Sold Price

$116,000

$135/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$64,000(-35.6%)

Key Takeaway

Homes in 50212 have sold for 35.6% less than they did a month ago.

Summary: The median home sold price in 50212 was $116,000 in October 2024, down 35.6% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $185K$116K
-37.3%
3 $162.5K-
N/A
4 --
N/A
5+ $340K-
N/A

Summary: 50212 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 37.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 50212, IA

How many homes are available in 50212, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
118-27.3%

Summary: The 50212 real estate market had 8 homes for sale in October 2024, a 27.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 43
-25.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The 50212 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 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 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 50212, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 50212 in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 50212, IA

How long does it take to sell a home in 50212, IA?

Average Sale Time

Sep 2024Oct 2024CHANGE
42 Days5 Days-88.1%

Summary: Homes in 50212 had an average of 5 days on market in Oct 2024, down by 88.1% compared to last month.

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 50212 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 50212; 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 20 Days Ago

Newest Listings in 50212, IA

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