$3,561 Closing Credit*
$299,900
1,026 SqFt
4 Beds
•2 Full Baths
Zineta Imamovic, Listing Office: Realty ONE Group Impact
Is 50320, 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, 50320 was a Buyer's Market.
Key Takeaway
50320 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50320, IA
How much do homes in 50320, IA cost?
Median Sold Price
$275,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+5.8%)
Key Takeaway
Homes in 50320 have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in 50320 was $275,000 in October 2024, up 5.8% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $201K | - | N/A |
| 2 Bedrooms | $152K | $166.2K | +9.4% |
| 3 Bedrooms | $266.5K | $272.5K | +2.3% |
| 4 Bedrooms | $298K | $313K | +5.0% |
| 5+ Bedrooms | $304.5K | $335K | +10.0% |
Summary: 50320 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 10%.
Housing Supply in 50320, IA
How many homes are available in 50320, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 86 | 88 | +2.3% |
Summary: The 50320 real estate market had 88 homes for sale in October 2024, a 2.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 52 | 50 | -3.8% |
| 4 Bedrooms | 21 | 24 | +14.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 50320 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 increased by 12.5%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 21 | +75.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50320, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 50320 in October 2024, up by 75.0% month-over-month. Of the 21 sold homes, 67% were sold under asking, 19% were sold at asking, and 14% were sold over asking.
Days on Market for 50320, IA
How long does it take to sell a home in 50320, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 33 Days | +280.9% |
Summary: Homes in 50320 had an average of 33 days on market in Oct 2024, up by 280.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50320 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in 50320; 71% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
