$3,266 Closing Credit*
$275,000
1,026 SqFt
4 Beds
•1 Full Bath
Joshua Jenkins, Listing Office: RE/MAX Precision
Is 50225, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 50225 has remained a Seller's Market.
Key Takeaway
50225 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50225, IA
How much do homes in 50225, IA cost?
Median Sold Price
$224,400
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$600(-0.3%)
Key Takeaway
The sold price of homes in 50225 has remained the same since last year.
Summary: The median home sold price in 50225 was $224,400 in October 2024, down 0.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $137.4K | $178K | +29.5% |
| 3 Bedrooms | $225K | $225K | 0.0% |
| 4 Bedrooms | $287K | $224.4K | -21.8% |
| 5+ Bedrooms | $615K | $477K | -22.4% |
Summary: 50225 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 increased by 29.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 21.8%, and 5+ bedroom homes decreased by 22.4%.
Median Sold Price Compared To Nearby Zip Codes
| 50170 | $212.2K | $220K | +3.7% |
| 50225 | $225K | $224.4K | -0.3% |
Housing Supply in 50225, IA
How many homes are available in 50225, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The 50225 real estate market had 17 homes for sale in October 2024, a 15.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 50225 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 7.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
6 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 50225, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 50225 in October 2024, the same as the previous month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 50225, IA
How long does it take to sell a home in 50225, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 14 Days | -56.5% |
Summary: Homes in 50225 had an average of 14 days on market in Oct 2024, down by 56.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50225 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 50225; 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.
