$9,143 Closing Credit*
$769,900
1,993 SqFt
5 Beds
•3 Full Baths
Lindsy Baker, Listing Office: RE/MAX Concepts
Is 50261, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 50261 was a Seller's Market.
Key Takeaway
50261 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 50261, IA
How much do homes in 50261, IA cost?
Median Sold Price
$304,900
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,050(-2.9%)
Key Takeaway
Homes in 50261 have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in 50261 was $304,900 in November 2024, down 2.9% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $263.2K | $255K | -3.1% |
| 3 Bedrooms | $290.5K | $284.9K | -1.9% |
| 4 Bedrooms | $390K | $438K | +12.3% |
| 5+ Bedrooms | $712.5K | $680K | -4.6% |
Summary: 50261 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 4.6%.
Housing Supply in 50261, IA
How many homes are available in 50261, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 32 | +14.3% |
Summary: The 50261 real estate market had 32 homes for sale in November 2024, a 14.3% increase 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 13 | 18 | +38.5% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 50261 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 increased by 38.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 50261, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 50261 in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 50261, IA
How long does it take to sell a home in 50261, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 77 Days | 4 Days | -94.8% |
Summary: Homes in 50261 had an average of 4 days on market in Nov 2024, down by 94.8% compared to last year.
Breakdown of Home Sale Times
5 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 50261 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 50261; 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.
