$4,738 Closing Credit*
$399,000
1,827 SqFt
4 Beds
•2 Full Baths
Kelly McCord, Listing Office: RE/MAX Real Estate Center
Is 50321, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 50321 was a Seller's Market.
Key Takeaway
50321 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 50321, IA
How much do homes in 50321, IA cost?
Median Sold Price
$343,250
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,750(+14.6%)
Key Takeaway
Homes in 50321 have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in 50321 was $343,250 in November 2024, up 14.6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $189K | +8.0% |
| 2 Bedrooms | $195K | $204K | +4.6% |
| 3 Bedrooms | $302K | $320K | +6.0% |
| 4 Bedrooms | $363.7K | $350K | -3.8% |
| 5+ Bedrooms | $379.7K | $443.5K | +16.8% |
Summary: 50321 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 16.8%.
Housing Supply in 50321, IA
How many homes are available in 50321, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 41 | -18.0% |
Summary: The 50321 real estate market had 41 homes for sale in November 2024, a 18.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 23 | 25 | +8.7% |
| 4 Bedrooms | 16 | 12 | -25.0% |
| 5+ Bedrooms | 5 | 1 | -80.0% |
Summary: The 50321 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 80%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 6 | -53.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50321, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 50321 in November 2024, down by 53.8% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 44 Days | +123.1% |
Summary: Homes in 50321 had an average of 44 days on market in Nov 2024, up by 123.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 50321 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 50321; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
