Is 50801, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50801 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 50801 was a Seller's Market.

Key Takeaway

50801 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 50801, IA

How much do homes in 50801, IA cost?

Median Sold Price

$95,000

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$17,500(-15.6%)

Key Takeaway

Homes in 50801 have sold for 15.6% less than they did a year ago.

Summary: The median home sold price in 50801 was $95,000 in November 2024, down 15.6% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $61.7K$65K
+5.3%
3 $120K$96.2K
-19.8%
4 $93.7K$135K
+44.0%
5+ $286.2K$110K
-61.6%

Summary: 50801 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 5.3%, 3 bedroom homes decreased by 19.8%, 4 bedroom homes increased by 44%, and 5+ bedroom homes decreased by 61.6%.

Housing Supply in 50801, IA

How many homes are available in 50801, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1211-8.3%

Summary: The 50801 real estate market had 11 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 54
-20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 50801 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50801, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 50801 in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 50801, IA

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 50801 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 50801; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 50801, IA

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