$3,266 Closing Credit*
$275,000
1,160 SqFt
2 Beds
•3 Full Baths
Kory Swan, Listing Office: Weichert, Realtors - 515 Agency
Is Adair County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $132K | $102.4K | -22.4% |
| 3 Bedrooms | $160K | $177K | +10.6% |
| 4 Bedrooms | $185K | $190.6K | +3.1% |
| 5+ Bedrooms | $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 | $248.9K | $299K | +20.1% |
| Madison County | $257.4K | $276K | +7.2% |
| Adair County | $170K | $151K | -11.2% |
Housing Supply in Adair County, IA
How many homes are available in Adair County, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -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
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
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.
