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 seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Dallas Center was a Buyer's Market.

Key Takeaway

Dallas Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dallas Center, IA

How much do homes in Dallas Center, IA cost?

Median Sold Price

$359,500

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$117,000(+48.2%)

Key Takeaway

Homes in Dallas Center have sold for 48.2% more than they did a year ago.

Summary: The median home sold price in Dallas Center was $359,500 in December 2024, up 48.2% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$85K
N/A
2 $192K$204.9K
+6.7%
3 $234.9K$285.5K
+21.5%
4 $305.5K$380K
+24.4%
5+ $580K$516.7K
-10.9%

Summary: Dallas Center 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 increased by 6.7%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes decreased by 10.9%.

Median Sold Price Compared To Nearby Cities

Dallas Center
+48.2%
Sugar Grove Township
+6.0%
Adel Township
-3.4%

Housing Supply in Dallas Center, IA

How many homes are available in Dallas Center, IA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1915-21.1%

Summary: The Dallas Center real estate market had 15 homes for sale in December 2024, a 21.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 53
-40.0%
4 97
-22.2%
5+ 10
-100.0%

Summary: The Dallas Center 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 increased by 33.3%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 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 Dallas Center, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Dallas Center in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
3 Days59 Days+1883.3%

Summary: Homes in Dallas Center had an average of 59 days on market in Dec 2024, up by 1883.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was 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 December 2024, 4 homes were sold in Dallas Center; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 Dallas Center, IA

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