$3,681 Closing Credit*
$310,000
1,581 SqFt
3 Beds
•2 Full Baths
THOMAS F. MALICOAT, Listing Office: Iowa Realty Mills Crossing
Is 50327, 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, 50327 was a Neutral Market.
Key Takeaway
50327 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 50327, IA
How much do homes in 50327, IA cost?
Median Sold Price
$319,125
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,225(+6.4%)
Key Takeaway
Homes in 50327 have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in 50327 was $319,125 in November 2024, up 6.4% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $256K | $232K | -9.4% |
| 3 Bedrooms | $289.9K | $286K | -1.4% |
| 4 Bedrooms | $362.2K | $385K | +6.3% |
| 5+ Bedrooms | $432K | $475K | +10.0% |
Summary: 50327 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 decreased by 9.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 10%.
Housing Supply in 50327, IA
How many homes are available in 50327, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 75 | 0.0% |
Summary: The 50327 real estate market had 75 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 37 | 40 | +8.1% |
| 4 Bedrooms | 18 | 15 | -16.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 50327 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 50327, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 50327 in November 2024, up by 36.4% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.
Days on Market for 50327, IA
How long does it take to sell a home in 50327, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 48 Days | -20.1% |
Summary: Homes in 50327 had an average of 48 days on market in Nov 2024, down by 20.1% compared to last year.
Breakdown of Home Sale Times
12 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 50327 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in 50327; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
