$4,156 Closing Credit*
$350,000
1,560 SqFt
2 Beds
•1 Full Bath, 1 Partial
Lisa Schoening, Listing Office: Keller Williams Ankeny Metro
Is 50321, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 50321 has remained a Seller's Market.
Key Takeaway
50321 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50321, IA
How much do homes in 50321, IA cost?
Median Sold Price
$324,450
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,500(+4.7%)
Key Takeaway
Homes in 50321 have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in 50321 was $324,450 in October 2024, up 4.7% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $189K | +8.0% |
| 2 Bedrooms | $185.5K | $237.5K | +28.0% |
| 3 Bedrooms | $314.9K | $305K | -3.2% |
| 4 Bedrooms | $375K | $350K | -6.7% |
| 5+ Bedrooms | $379.7K | $427K | +12.4% |
Summary: 50321 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 28%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 12.4%.
Housing Supply in 50321, IA
How many homes are available in 50321, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 51 | +18.6% |
Summary: The 50321 real estate market had 51 homes for sale in October 2024, a 18.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 12 | 17 | +41.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 50321 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 25%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 12 | +300.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50321, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 50321 in October 2024, up by 300.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 50321, IA
How long does it take to sell a home in 50321, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 20 Days | +59.4% |
Summary: Homes in 50321 had an average of 20 days on market in Oct 2024, up by 59.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50321 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 50321; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
