Is Dallas Center, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas Center is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Dallas Center has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Dallas Center, IA

How much do homes in Dallas Center, IA cost?

Median Sold Price

$348,750

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$98,750(+39.5%)

Key Takeaway

Homes in Dallas Center have sold for 39.5% more than they did a year ago.

Summary: The median home sold price in Dallas Center was $348,750 in November 2024, up 39.5% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $192K$199.9K
+4.1%
3 $234.9K$285.5K
+21.5%
4 $509.1K$347.5K
-31.7%
5+ $580K$516.7K
-10.9%

Summary: Dallas Center housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 21.5%, 4 bedroom homes decreased by 31.7%, and 5+ bedroom homes decreased by 10.9%.

Median Sold Price Compared To Nearby Cities

Dallas Center
+39.5%
Adel Township
-0.5%

Housing Supply in Dallas Center, IA

How many homes are available in Dallas Center, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1918-5.3%

Summary: The Dallas Center real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 75
-28.6%
4 78
+14.3%
5+ 21
-50.0%

Summary: The Dallas Center housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dallas Center, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Dallas Center in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Dallas Center, IA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
4 Days102 Days+2450.0%

Summary: Homes in Dallas Center had an average of 102 days on market in Nov 2024, up by 2450% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Dallas Center; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

Newest Listings in Dallas Center, IA

Nearby Markets to Dallas Center, IA

What housing markets are near Dallas Center, IA?