Is 50849, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 50849 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 50849 was a Seller's Market.

Key Takeaway

50849 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 50849, IA

How much do homes in 50849, IA cost?

Median Sold Price

$243,000

$126/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$1,376(+0.6%)

Key Takeaway

Homes in 50849 have sold for 0.6% more than they did a month ago.

Summary: The median home sold price in 50849 was $243,000 in October 2024, up 0.6% from last month, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $382.2K$243K
-36.4%
4 $101K-
N/A
5+ --
N/A

Summary: 50849 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 36.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 50849, IA

How many homes are available in 50849, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87-12.5%

Summary: The 50849 real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 32
-33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The 50849 housing inventory by bedroom type for October 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 50849, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 50849 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 50849, 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 50849 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 50849; 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 26 Days Ago

Newest Listings in 50849, IA

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