$125,000
3.08 Acres
Land
Nerem, Nate, Listing Office: Nerem & Assoc.,
Is 50212, 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, 50212 has remained a Seller's Market.
Key Takeaway
50212 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50212, IA
How much do homes in 50212, IA cost?
Median Sold Price
$256,400
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$103,400(+67.6%)
Key Takeaway
Homes in 50212 have sold for 67.6% more than they did a year ago.
Summary: The median home sold price in 50212 was $256,400 in November 2024, up 67.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | $197.5K | +240.5% |
| 2 Bedrooms | $137.2K | $185K | +34.8% |
| 3 Bedrooms | $161.2K | $250K | +55.1% |
| 4 Bedrooms | $262.4K | $274.9K | +4.8% |
| 5+ Bedrooms | - | $397.5K | N/A |
Summary: 50212 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 240.5%, 2 bedroom homes increased by 34.8%, 3 bedroom homes increased by 55.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 50212 | $153K | $256.4K | +67.6% |
| 50036 | $176K | $195K | +10.8% |
Housing Supply in 50212, IA
How many homes are available in 50212, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The 50212 real estate market had 8 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 50212 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 decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50212, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 50212 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 12 Days | -46.7% |
Summary: Homes in 50212 had an average of 12 days on market in Nov 2024, down by 46.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50212 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 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.
