Is 50225, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50225 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 50225 was a Buyer'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

$130,000

$142/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$94,900(-42.2%)

Key Takeaway

Homes in 50225 have sold for 42.2% less than they did a month ago.

Summary: The median home sold price in 50225 was $130,000 in December 2024, down 42.2% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $224.9K$130K
-42.2%
4 --
N/A
5+ --
N/A

Summary: 50225 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 42.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

50214
-14.6%
50225
-42.2%

Housing Supply in 50225, IA

How many homes are available in 50225, IA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1311-15.4%

Summary: The 50225 real estate market had 11 homes for sale in December 2024, a 15.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1110
-9.1%
4 21
-50.0%
5+ 00
0.0%

Summary: The 50225 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50225, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 50225 in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% 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

Nov 2024Dec 2024CHANGE
1 Day42 Days+4166.7%

Summary: Homes in 50225 had an average of 42 days on market in Dec 2024, up by 4166.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 50225 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 50225; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

Newest Listings in 50225, IA

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