$4,037 Closing Credit*
$339,990
1,410 SqFt
3 Beds
•2 Full Baths
Kathryn Greer, Listing Office: DRH Realty of Iowa, LLC
Is 50263, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 50263 has remained a Buyer's Market.
Key Takeaway
50263 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 50263, IA
How much do homes in 50263, IA cost?
Median Sold Price
$369,413
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,908(-1.3%)
Key Takeaway
Homes in 50263 have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in 50263 was $369,413 in November 2024, down 1.3% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $233K | +16.5% |
| 3 Bedrooms | $320K | $305.3K | -4.6% |
| 4 Bedrooms | $400.7K | $408.4K | +1.9% |
| 5+ Bedrooms | $557.5K | $556K | -0.3% |
Summary: 50263 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 increased by 16.5%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 0.3%.
Housing Supply in 50263, IA
How many homes are available in 50263, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 458 | 439 | -4.1% |
Summary: The 50263 real estate market had 439 homes for sale in November 2024, a 4.1% 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 | 34 | 33 | -2.9% |
| 3 Bedrooms | 150 | 146 | -2.7% |
| 4 Bedrooms | 201 | 188 | -6.5% |
| 5+ Bedrooms | 73 | 72 | -1.4% |
Summary: The 50263 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 decreased by 2.9%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 1.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 45 | -30.8% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50263, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in 50263 in November 2024, down by 30.8% month-over-month. Of the 45 sold homes, 53% were sold under asking, 24% were sold at asking, and 22% were sold over asking.
Days on Market for 50263, IA
How long does it take to sell a home in 50263, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 104 Days | 78 Days | -24.8% |
Summary: Homes in 50263 had an average of 78 days on market in Nov 2024, down by 24.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50263 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 45 homes were sold in 50263; 40% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
