Is Adair County, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adair County is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Adair County, IA

How much do homes in Adair County, IA cost?

Median Sold Price

$151,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$19,000(-11.2%)

Key Takeaway

Homes in Adair County have sold for 11.2% less than they did a year ago.

Summary: The median home sold price in Adair County was $151,000 in October 2024, down 11.2% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $132K$102.4K
-22.4%
3 $160K$177K
+10.6%
4 $185K$190.6K
+3.1%
5+ $302.7K$150K
-50.5%

Summary: Adair County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.4%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 50.5%.

Median Sold Price Compared To Nearby Counties

Guthrie County
+20.1%
Madison County
+7.2%
Adair County
-11.2%

Housing Supply in Adair County, IA

How many homes are available in Adair County, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1410-28.6%

Summary: The Adair County real estate market had 10 homes for sale in October 2024, a 28.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 65
-16.7%
4 21
-50.0%
5+ 00
0.0%

Summary: The Adair County 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 decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

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 Adair County, 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 Adair County in October 2024, down by 75.0% 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 Adair County, 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 Adair County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Adair County; 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 4 Days Ago

Newest Listings in Adair County, IA

Nearby Markets to Adair County, IA

What housing markets are near Adair County, IA?