$3,443 Closing Credit*
$289,900
1,667 SqFt
4 Beds
•2 Full Baths
Jenny Farrell, Listing Office: RE/MAX Concepts
Is 50324, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 50324 has remained a Seller's Market.
Key Takeaway
50324 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50324, IA
How much do homes in 50324, IA cost?
Median Sold Price
$244,750
$199/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$24,750(+11.3%)
Key Takeaway
Homes in 50324 have sold for 11.3% more than they did a month ago.
Summary: The median home sold price in 50324 was $244,750 in November 2024, up 11.3% from last month, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | $230K | +84.0% |
| 3 Bedrooms | $220K | $250K | +13.6% |
| 4 Bedrooms | $448K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 50324 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 84%, 3 bedroom homes increased by 13.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 50324, IA
How many homes are available in 50324, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The 50324 real estate market had 23 homes for sale in November 2024, a 4.5% increase 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 50324 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 50324, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 50324 in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 50324, IA
How long does it take to sell a home in 50324, IA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 18 Days | +14.1% |
Summary: Homes in 50324 had an average of 18 days on market in Nov 2024, up by 14.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50324 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 50324; 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.
