$2,968 Closing Credit*
$249,900
892 SqFt
3 Beds
•1 Full Bath
Jaemi Poncy, Listing Office: RE/MAX Revolution
Is 50265, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$285,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,250(+1.5%)
Key Takeaway
Homes in 50265 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 50265 was $285,000 in October 2024, up 1.5% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $200K | +60.0% |
| 2 Bedrooms | $207.2K | $202K | -2.5% |
| 3 Bedrooms | $271K | $290K | +7.0% |
| 4 Bedrooms | $338.9K | $360.5K | +6.4% |
| 5+ Bedrooms | $500K | $540K | +8.0% |
Summary: 50265 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 8%.
Housing Supply in 50265, IA
How many homes are available in 50265, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 149 | 151 | +1.3% |
Summary: The 50265 real estate market had 151 homes for sale in October 2024, a 1.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 23 | 20 | -13.0% |
| 3 Bedrooms | 64 | 69 | +7.8% |
| 4 Bedrooms | 45 | 48 | +6.7% |
| 5+ Bedrooms | 16 | 13 | -18.8% |
Summary: The 50265 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 decreased by 13%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 26 | -33.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50265, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 50265 in October 2024, down by 33.3% month-over-month. Of the 26 sold homes, 69% were sold under asking, 19% were sold at asking, and 12% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 23 Days | +75.3% |
Summary: Homes in 50265 had an average of 23 days on market in Oct 2024, up by 75.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50265 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in 50265; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
