$2,256 Closing Credit*
$190,000
1,084 SqFt
3 Beds
•1 Full Bath
Mauro De Avila, Listing Office: Keller Williams Realty GDM
Is 50315, 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, 50315 has remained a Seller's Market.
Key Takeaway
50315 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50315, IA
How much do homes in 50315, IA cost?
Median Sold Price
$198,750
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,241(+5.4%)
Key Takeaway
Homes in 50315 have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in 50315 was $198,750 in November 2024, up 5.4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102.7K | $65.5K | -36.2% |
| 2 Bedrooms | $153.4K | $156.5K | +2.0% |
| 3 Bedrooms | $197.5K | $214.9K | +8.8% |
| 4 Bedrooms | $214.5K | $235K | +9.6% |
| 5+ Bedrooms | $254.2K | $269K | +5.8% |
Summary: 50315 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.2%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 5.8%.
Housing Supply in 50315, IA
How many homes are available in 50315, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 203 | 188 | -7.4% |
Summary: The 50315 real estate market had 188 homes for sale in November 2024, a 7.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 3 | -50.0% |
| 2 Bedrooms | 62 | 51 | -17.7% |
| 3 Bedrooms | 96 | 95 | -1.0% |
| 4 Bedrooms | 30 | 31 | +3.3% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 50315 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 17.7%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 34 | -30.6% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50315, 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 50315 in November 2024, down by 30.6% month-over-month. Of the 34 sold homes, 59% were sold under asking, 18% were sold at asking, and 24% were sold over asking.
Days on Market for 50315, IA
How long does it take to sell a home in 50315, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 44 Days | +173.5% |
Summary: Homes in 50315 had an average of 44 days on market in Nov 2024, up by 173.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50315 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in 50315; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
