50156 Housing Market Report January 2025•Boone County, Iowa

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Housing Prices in 50156, IA

How much do homes in 50156, IA cost?

Housing Market Conditions

Is 50156, IA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

50156 is a Buyer's Market

Difference Since January 2024

At the same time last year, 50156 was a Seller's Market.

Insight

50156 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$255,000$223/SqFt
-$42,000
-14.1%

Based on all homes sold in the last 12 months

Insight

Homes in 50156 have sold for 14.1% less than they did a year ago.

Summary: The median home sold price in 50156 was $255,000 in January 2025, down 14.1% from last year, and the median price per square foot was $223.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
50276
+25.2%
50156
-14.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1-$193.4K
N/A
2$240.9K$176K
-27.0%
3$295K$260K
-11.9%
4$333.5K$300.7K
-9.8%
5$324.9K$349.9K
+7.7%

Summary: 50156 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -27.0%. The home price for 3 bedroom homes decreased by -11.9%. The home price for 4 bedroom homes decreased by -9.8%. The home price for 5 bedroom homes increased by +7.7%.

Housing supply in 50156, IA

How many homes are available in 50156, IA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
11Last MonthJan 2025
142 months agoDec 2024
-21.4 %
Change MoMDec – Jan

Summary: The 50156 real estate market had 11 homes for sale in Jan 2025, a 21.4 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthJan 2025
22 months agoDec 2024
-50.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
222
0.0%
375
-28.6%
444
0.0%
510
-100.0%

Summary: 50156 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -28.6%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -100.0%.

Asking Price vs. Sold Price

How much do homes in 50156, IA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in 50156, 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 50156 in January 2025, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 50156, IA

How long does it take to sell a home in 50156, IA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 50156 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 1 homes were sold in 50156; 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.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
4 DaysThis YearJan 2025
98 Days1 year agoJan 2024
-95.9 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 50156 had an average listing age of 4 days in Jan 2025, down by 95.9% compared to the previous year.

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Newest Listings in 50156, IA

What homes are available in 50156, IA?

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MLS Disclaimers and Copyright

Based on information from Des Moines MLS, for the period 02/01/2023 - 02/01/2025

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: 2/6/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.