Is 50265, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50265 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 50265 has remained a Seller's Market.

Key Takeaway

50265 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 50265, IA

How much do homes in 50265, IA cost?

Median Sold Price

$290,888

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,592(+2.3%)

Key Takeaway

Homes in 50265 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 50265 was $290,888 in November 2024, up 2.3% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K$200K
+60.0%
2 $207.5K$206K
-0.7%
3 $274.9K$290K
+5.5%
4 $338.9K$370K
+9.1%
5+ $487.5K$540K
+10.8%

Summary: 50265 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 10.8%.

Median Sold Price Compared To Nearby Zip Codes

50312
+19.7%
50321
+14.6%
50266
+8.3%
50265
+2.3%

Housing Supply in 50265, IA

How many homes are available in 50265, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
140132-5.7%

Summary: The 50265 real estate market had 132 homes for sale in November 2024, a 5.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 2019
-5.0%
3 7063
-10.0%
4 3841
+7.9%
5+ 119
-18.2%

Summary: The 50265 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2635+34.6%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50265, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in 50265 in November 2024, up by 34.6% month-over-month. Of the 35 sold homes, 57% were sold under asking, 23% were sold at asking, and 20% were sold over asking.

Days on Market for 50265, IA

How long does it take to sell a home in 50265, IA?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days24 Days+31.1%

Summary: Homes in 50265 had an average of 24 days on market in Nov 2024, up by 31.1% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 50265 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 35 homes were sold in 50265; 80% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 3% 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 17 Days Ago

Newest Listings in 50265, IA

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