$831 Closing Credit*
$70,000
816 SqFt
2 Beds
•1 Full Bath
Joseph G. Henry, Listing Office: Iowa Realty South
Is 50313, 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, 50313 has remained a Seller's Market.
Key Takeaway
50313 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50313, IA
How much do homes in 50313, IA cost?
Median Sold Price
$180,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,250(+6.7%)
Key Takeaway
Homes in 50313 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 50313 was $180,000 in November 2024, up 6.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110.5K | $102.7K | -7.0% |
| 2 Bedrooms | $155K | $150K | -3.2% |
| 3 Bedrooms | $181.2K | $203.5K | +12.3% |
| 4 Bedrooms | $212K | $240K | +13.2% |
| 5+ Bedrooms | $432.8K | $340K | -21.5% |
Summary: 50313 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 21.5%.
Housing Supply in 50313, IA
How many homes are available in 50313, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 94 | 88 | -6.4% |
Summary: The 50313 real estate market had 88 homes for sale in November 2024, a 6.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 26 | 26 | 0.0% |
| 3 Bedrooms | 44 | 37 | -15.9% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 50313 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 50313, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 50313 in November 2024, up by 19.0% month-over-month. Of the 25 sold homes, 48% were sold under asking, 48% were sold at asking, and 4% were sold over asking.
Days on Market for 50313, IA
How long does it take to sell a home in 50313, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 41 Days | +325.0% |
Summary: Homes in 50313 had an average of 41 days on market in Nov 2024, up by 325% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50313 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 50313; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
