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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Dallas County, IA

How much do homes in Dallas County, IA cost?

Median Sold Price

$349,356

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,269(+1.5%)

Key Takeaway

Homes in Dallas County have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Dallas County was $349,356 in November 2024, up 1.5% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $107.8K$90K
-16.5%
2 $177K$196.1K
+10.8%
3 $297.9K$296K
-0.6%
4 $382.1K$394.9K
+3.3%
5+ $556.2K$550K
-1.1%

Summary: Dallas County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.5%, 2 bedroom homes increased by 10.8%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Counties

Guthrie County
+17.1%
Boone County
+12.2%
Polk County
+5.4%
Madison County
+4.8%
Dallas County
+1.5%

Housing Supply in Dallas County, IA

How many homes are available in Dallas County, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
701672-4.1%

Summary: The Dallas County real estate market had 672 homes for sale in November 2024, a 4.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 5552
-5.5%
3 233228
-2.1%
4 307288
-6.2%
5+ 105102
-2.9%

Summary: The Dallas County 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 decreased by 5.5%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 2.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10083-17.0%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dallas County, you may be able to get a good deal. 56.6% of homes here sold below asking price last month.

Summary: A total of 83 homes were sold or pending in Dallas County in November 2024, down by 17.0% month-over-month. Of the 83 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.

Days on Market for Dallas County, IA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
90 Days67 Days-25.2%

Summary: Homes in Dallas County had an average of 67 days on market in Nov 2024, down by 25.2% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 83 homes were sold in Dallas County; 46% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% 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 20 Days Ago

Newest Listings in Dallas County, IA

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