$2,196 Closing Credit*
$184,900
792 SqFt
2 Beds
•1 Full Bath
Kristina Sharp, Listing Office: Iowa Realty Altoona
Is 50317, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 50317 was a Seller's Market.
Key Takeaway
50317 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 50317, IA
How much do homes in 50317, IA cost?
Median Sold Price
$197,375
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,403(+6.7%)
Key Takeaway
Homes in 50317 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 50317 was $197,375 in October 2024, up 6.7% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $113K | $90K | -20.4% |
| 2 Bedrooms | $141.5K | $157.7K | +11.5% |
| 3 Bedrooms | $211K | $214.9K | +1.9% |
| 4 Bedrooms | $242K | $259.9K | +7.4% |
| 5+ Bedrooms | $253.2K | $270.9K | +7.0% |
Summary: 50317 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.4%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 7%.
Housing Supply in 50317, IA
How many homes are available in 50317, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 177 | 179 | +1.1% |
Summary: The 50317 real estate market had 179 homes for sale in October 2024, a 1.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 58 | 59 | +1.7% |
| 3 Bedrooms | 78 | 77 | -1.3% |
| 4 Bedrooms | 34 | 37 | +8.8% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 50317 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 27 | -40.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50317, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 50317 in October 2024, down by 40.0% month-over-month. Of the 27 sold homes, 59% were sold under asking, 33% were sold at asking, and 7% were sold over asking.
Days on Market for 50317, IA
How long does it take to sell a home in 50317, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 29 Days | +17.0% |
Summary: Homes in 50317 had an average of 29 days on market in Oct 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50317 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 50317; 67% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
