$5,047 Closing Credit*
$425,000
2,616 SqFt
4 Beds
•2 Full Baths, 1 Partial
Carrie Williams, Listing Office: Platinum Realty LLC
Is 50325, 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, 50325 has remained a Seller's Market.
Key Takeaway
50325 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50325, IA
How much do homes in 50325, IA cost?
Median Sold Price
$420,197
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$17,052(-3.9%)
Key Takeaway
Homes in 50325 have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in 50325 was $420,197 in November 2024, down 3.9% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $186.9K | $247.7K | +32.5% |
| 3 Bedrooms | $325.4K | $350K | +7.6% |
| 4 Bedrooms | $484.6K | $475K | -2.0% |
| 5+ Bedrooms | $617.5K | $640.2K | +3.7% |
Summary: 50325 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 32.5%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in 50325, IA
How many homes are available in 50325, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 137 | 123 | -10.2% |
Summary: The 50325 real estate market had 123 homes for sale in November 2024, a 10.2% 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 | 14 | 10 | -28.6% |
| 3 Bedrooms | 30 | 23 | -23.3% |
| 4 Bedrooms | 47 | 46 | -2.1% |
| 5+ Bedrooms | 46 | 44 | -4.3% |
Summary: The 50325 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 28.6%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 4.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 26 | -13.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50325, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 50325 in November 2024, down by 13.3% month-over-month. Of the 26 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for 50325, IA
How long does it take to sell a home in 50325, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 46 Days | +44.8% |
Summary: Homes in 50325 had an average of 46 days on market in Nov 2024, up by 44.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 50325 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 50325; 50% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
