$4,382 Closing Credit*
$369,000
1,124 SqFt
3 Beds
•1 Full Bath
Kim Peterson, Listing Office: Century 21 Signature
Is 50320, 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, 50320 has remained a Seller'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 November 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 November 2024, up 5.8% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $201K | - | N/A |
| 2 Bedrooms | $152K | $168K | +10.5% |
| 3 Bedrooms | $269.5K | $272.5K | +1.1% |
| 4 Bedrooms | $299K | $310.7K | +3.9% |
| 5+ Bedrooms | $330K | $338.5K | +2.6% |
Summary: 50320 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in 50320, IA
How many homes are available in 50320, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 77 | -14.4% |
Summary: The 50320 real estate market had 77 homes for sale in November 2024, a 14.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 53 | 45 | -15.1% |
| 4 Bedrooms | 25 | 18 | -28.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 50320 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes decreased by 28%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50320, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 50320 in November 2024, down by 26.1% month-over-month. Of the 17 sold homes, 65% were sold under asking, 35% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 32 Days | +169.5% |
Summary: Homes in 50320 had an average of 32 days on market in Nov 2024, up by 169.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 50320 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 50320; 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.
