Is 50233, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50233 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 50233 was a Seller's Market.

Key Takeaway

50233 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 50233, IA

How much do homes in 50233, IA cost?

Median Sold Price

$199,500

$146/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$47,500(-19.2%)

Key Takeaway

Homes in 50233 have sold for 19.2% less than they did a month ago.

Summary: The median home sold price in 50233 was $199,500 in October 2024, down 19.2% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $247K$199.5K
-19.2%
4 --
N/A
5+ --
N/A

Summary: 50233 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 did not change, 3 bedroom homes decreased by 19.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 50233, IA

How many homes are available in 50233, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
46+50.0%

Summary: The 50233 real estate market had 6 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The 50233 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 increased by 300%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50233, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 50233 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 50233, IA

How long does it take to sell a home in 50233, IA?

Average Sale Time

Sep 2024Oct 2024CHANGE
12 Days100 Days+733.3%

Summary: Homes in 50233 had an average of 100 days on market in Oct 2024, up by 733.3% compared to last month.

Breakdown of Home Sale Times

0 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

Most homes in 50233 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in 50233; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

Newest Listings in 50233, IA

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