$37,500
0.52 Acres
Land
Laura Kemble, Listing Office: Sunset Realty
Is Guthrie County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Guthrie County has remained a Seller's Market.
Key Takeaway
Guthrie County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Guthrie County, IA
How much do homes in Guthrie County, IA cost?
Median Sold Price
$298,500
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,550(+17.1%)
Key Takeaway
Homes in Guthrie County have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in Guthrie County was $298,500 in November 2024, up 17.1% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $22.6K | $133K | +488.1% |
| 2 Bedrooms | $177.9K | $178K | 0.1% |
| 3 Bedrooms | $270K | $275K | +1.9% |
| 4 Bedrooms | $290.4K | $315K | +8.5% |
| 5+ Bedrooms | $543K | $557.5K | +2.7% |
Summary: Guthrie County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 488.1%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Counties
| Greene County | $115K | $164K | +42.6% |
| Guthrie County | $254.9K | $298.5K | +17.1% |
| Dallas County | $344K | $349.3K | +1.5% |
| Adair County | $170K | $163.5K | -3.8% |
Housing Supply in Guthrie County, IA
How many homes are available in Guthrie County, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 56 | -11.1% |
Summary: The Guthrie County real estate market had 56 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The Guthrie County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Guthrie County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Guthrie County in November 2024, down by 29.4% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.
Days on Market for Guthrie County, IA
How long does it take to sell a home in Guthrie County, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 55 Days | +310.5% |
Summary: Homes in Guthrie County had an average of 55 days on market in Nov 2024, up by 310.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Guthrie County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Guthrie County; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
