Is 50310, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50310 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 50310 has remained a Seller's Market.

Key Takeaway

50310 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 50310, IA

How much do homes in 50310, IA cost?

Median Sold Price

$235,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,250(+3.6%)

Key Takeaway

Homes in 50310 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 50310 was $235,000 in November 2024, up 3.6% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $73K$118.4K
+62.2%
2 $175K$195K
+11.4%
3 $239.3K$243K
+1.5%
4 $270K$300K
+11.1%
5+ $267.4K$286K
+6.9%

Summary: 50310 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.2%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Zip Codes

50311
+10.9%
50313
+6.7%
50314
+5.0%
50322
+3.7%
50310
+3.6%

Housing Supply in 50310, IA

How many homes are available in 50310, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
148144-2.7%

Summary: The 50310 real estate market had 144 homes for sale in November 2024, a 2.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 3729
-21.6%
3 7677
+1.3%
4 3234
+6.3%
5+ 22
0.0%

Summary: The 50310 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 21.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3934-12.8%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50310, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 50310 in November 2024, down by 12.8% month-over-month. Of the 34 sold homes, 59% were sold under asking, 24% were sold at asking, and 18% were sold over asking.

Days on Market for 50310, IA

How long does it take to sell a home in 50310, IA?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days28 Days+45.1%

Summary: Homes in 50310 had an average of 28 days on market in Nov 2024, up by 45.1% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 50310 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 34 homes were sold in 50310; 71% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 12% 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 50310, IA

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