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50023 Housing Market Report March 2025•Polk County, Iowa
Housing Prices in 50023, IA
How much do homes in 50023, IA cost?
Housing Market Conditions
Is 50023, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
50023 is a Seller's Market
Difference Since March 2024
At the same time last year, 50023 was a Neutral Market.
Insight
50023 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$343,380$226/SqFt
-$296
-0.1%
Based on all homes sold in the last 12 months
Insight
The sold price of homes in 50023 has remained the same since last year.
Summary: The median home sold price in 50023 was $343,380 in March 2025, down 0.1% from last year, and the median price per square foot was $226.
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $206K | N/A |
| 22 Bedrooms | $201K | $217.5K | +8.2% |
| 33 Bedrooms | $304.9K | $306.9K | +0.7% |
| 44 Bedrooms | $395.1K | $397.7K | +0.7% |
| 55+ Bedrooms | $492K | $519K | +5.5% |
Summary: 50023 housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +8.2%. The home price for 3 bedroom homes increased by +0.7%. The home price for 4 bedroom homes increased by +0.7%. The home price for 5 bedroom homes increased by +5.5%.
How does 50023, IA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
50023, IA
Housing supply in 50023, IA
How many homes are available in 50023, IA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 350Last MonthMar 2025 | ||
| 3222 months agoFeb 2025 | +8.7 % Change MoMFeb – Mar |
Summary: The 50023 real estate market had 350 homes for sale in Mar 2025, a 8.7 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 67Last MonthMar 2025 | ||
| 432 months agoFeb 2025 | +55.8 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 26 | 34 | +30.8% |
| 33 Bedrooms | 124 | 123 | -0.8% |
| 44 Bedrooms | 122 | 142 | +16.4% |
| 55+ Bedrooms | 49 | 50 | +2.0% |
Summary: 50023 housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +30.8%. The inventory for 3 bedroom homes decreased by -0.8%. The inventory for 4 bedroom homes increased by +16.4%. The inventory for 5 bedroom homes increased by +2.0%.
Asking Price vs. Sold Price
How much do homes in 50023, IA cost?
Over Asking Price13 Homes
At Asking Price18 Homes
Under Asking Price36 Homes
Insight
If you're buying a home in 50023, you may be able to get a good deal. 53.7% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in 50023 in March 2025, up by 55.8% month-over-month. Of the 67 sold homes, 54% were sold under asking, 27% were sold at asking, and and 19% were sold over asking.
Days on Market for 50023, IA
How long does it take to sell a home in 50023, IA?
Breakdown of Home Sale Times
Under 30 Days37 Homes
30 – 90 Days12 Homes
Over 90 Days18 Homes
Insight
Many homes in 50023 are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 67 homes were sold in 50023; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 65 DaysThis YearMar 2025 | ||
| 62 Days1 year agoMar 2024 | +4.4 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in 50023 had an average listing age of 65 days in Mar 2025, up by 4.4% compared to the previous year.
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Newest Listings in 50023, IA
What homes are available in 50023, IA?
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MLS Disclaimers and Copyright
Based on information from Des Moines MLS, for the period 04/01/2023 - 04/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/5/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/5/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.