$10,000 Closing Credit*
$1,359,900
3,716 SqFt
5 Beds
•1 Full Bath, 1 Partial
Keaton Dreher, Listing Office: Peoples Company
Is 50263, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 50263 was a Seller'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
$369,113
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,042(-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 $369,113 in October 2024, down 1.3% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202.5K | $232K | +14.6% |
| 3 Bedrooms | $320K | $311.4K | -2.7% |
| 4 Bedrooms | $400.4K | $409.9K | +2.4% |
| 5+ Bedrooms | $557.5K | $552.9K | -0.8% |
Summary: 50263 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.6%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in 50263, IA
How many homes are available in 50263, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 470 | 459 | -2.3% |
Summary: The 50263 real estate market had 459 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 29 | 32 | +10.3% |
| 3 Bedrooms | 147 | 147 | 0.0% |
| 4 Bedrooms | 217 | 202 | -6.9% |
| 5+ Bedrooms | 77 | 78 | +1.3% |
Summary: The 50263 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 10.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 1.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 55 | -9.8% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50263, you may be able to get a good deal. 52.7% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in 50263 in October 2024, down by 9.8% month-over-month. Of the 55 sold homes, 53% were sold under asking, 31% were sold at asking, and 16% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 107 Days | 77 Days | -28.4% |
Summary: Homes in 50263 had an average of 77 days on market in Oct 2024, down by 28.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
21 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 October 2024, 55 homes were sold in 50263; 38% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
