$350,000
10.40 Acres
Land
Bryan Bergdale, Listing Office: Peoples Company
Is 50240, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 50240 has remained a Seller's Market.
Key Takeaway
50240 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50240, IA
How much do homes in 50240, IA cost?
Median Sold Price
$670,000
$410/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$20,500(+3.2%)
Key Takeaway
Homes in 50240 have sold for 3.2% more than they did a month ago.
Summary: The median home sold price in 50240 was $670,000 in November 2024, up 3.2% from last month, and the median price per square foot was $410.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $514K | $365K | -29.0% |
| 4 Bedrooms | - | $975K | N/A |
| 5+ Bedrooms | $785K | - | N/A |
Summary: 50240 housing prices by bedroom type for November 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 29%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 50240, IA
How many homes are available in 50240, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The 50240 real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 1 | -75.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 50240 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 remained the same, 3 bedroom homes decreased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 50240, 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 50240 in November 2024, the same as the previous 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 50240, IA
How long does it take to sell a home in 50240, IA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 Days | 96 Days | -8.1% |
Summary: Homes in 50240 had an average of 96 days on market in Nov 2024, down by 8.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 50240 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 50240; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
