$559,900
20.00 Acres
Land
•1 Full Bath
Mindy Cochran, Listing Office: Realty ONE Group Impact
Is Adair County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Adair County has remained a Seller's Market.
Key Takeaway
Adair County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Adair County, IA
How much do homes in Adair County, IA cost?
Median Sold Price
$162,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$2,500(+1.6%)
Key Takeaway
Homes in Adair County have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Adair County was $162,000 in December 2024, up 1.6% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $119K | $88.7K | -25.4% |
| 3 Bedrooms | $159.7K | $189K | +18.3% |
| 4 Bedrooms | $182.5K | $200K | +9.6% |
| 5+ Bedrooms | $302.7K | $162K | -46.5% |
Summary: Adair County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 25.4%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 46.5%.
Median Sold Price Compared To Nearby Counties
| Guthrie County | $266.5K | $292K | +9.6% |
| Madison County | $266K | $275K | +3.4% |
| Adair County | $159.5K | $162K | +1.6% |
Housing Supply in Adair County, IA
How many homes are available in Adair County, IA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Summary: The Adair County real estate market had 7 homes for sale in December 2024, a 36.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Adair County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Adair County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Adair County in December 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Adair County, IA
How long does it take to sell a home in Adair County, IA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 3 Days | 38 Days | +1000.0% |
Summary: Homes in Adair County had an average of 38 days on market in Dec 2024, up by 1000% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Adair County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Adair County; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
