$772 Closing Credit*
$65,000
1,028 SqFt
2 Beds
•1 Bath
Stacie Holst, Listing Office: RE/MAX Precision
Is Dallas 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, Dallas County was a Seller'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
$349,175
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,981(+2.3%)
Key Takeaway
Homes in Dallas County have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Dallas County was $349,175 in October 2024, up 2.3% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $218.9K | $90K | -58.9% |
| 2 Bedrooms | $175K | $198.5K | +13.5% |
| 3 Bedrooms | $299K | $300.2K | 0.4% |
| 4 Bedrooms | $382.5K | $394.2K | +3.1% |
| 5+ Bedrooms | $552.5K | $550K | -0.5% |
Summary: Dallas County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.9%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Counties
| Guthrie County | $248.9K | $299K | +20.1% |
| Boone County | $187.8K | $206.4K | +9.9% |
| Madison County | $257.4K | $276K | +7.2% |
| Polk County | $274.3K | $287.7K | +4.9% |
| Dallas County | $341.1K | $349.1K | +2.3% |
Housing Supply in Dallas County, IA
How many homes are available in Dallas County, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 690 | 695 | +0.7% |
Summary: The Dallas County real estate market had 695 homes for sale in October 2024, a 0.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 46 | 49 | +6.5% |
| 3 Bedrooms | 225 | 230 | +2.2% |
| 4 Bedrooms | 306 | 304 | -0.7% |
| 5+ Bedrooms | 110 | 111 | +0.9% |
Summary: The Dallas County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 0.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 | 84 | -8.7% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dallas County, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.
Summary: A total of 84 homes were sold or pending in Dallas County in October 2024, down by 8.7% month-over-month. Of the 84 sold homes, 55% were sold under asking, 26% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 70 Days | -16.4% |
Summary: Homes in Dallas County had an average of 70 days on market in Oct 2024, down by 16.4% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dallas County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 84 homes were sold in Dallas County; 44% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
