$2,939 Closing Credit*
$247,500
1,494 SqFt
4 Beds
•1 Full Bath
Alex Larson, Listing Office: RE/MAX Precision
Is Melcher-Dallas, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Melcher-Dallas has remained a Seller's Market.
Key Takeaway
Melcher-Dallas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Melcher-Dallas, IA
How much do homes in Melcher-Dallas, IA cost?
Median Sold Price
$144,000
$88/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$3,050(+2.2%)
Key Takeaway
Homes in Melcher-Dallas have sold for 2.2% more than they did a month ago.
Summary: The median home sold price in Melcher-Dallas was $144,000 in October 2024, up 2.2% from last month, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117K | $162K | +38.5% |
| 3 Bedrooms | - | $124.5K | N/A |
| 4 Bedrooms | $285K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Melcher-Dallas housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Melcher-Dallas | $140.9K | $144K | +2.2% |
| Dallas Township | $140.9K | $144K | +2.2% |
Housing Supply in Melcher-Dallas, IA
How many homes are available in Melcher-Dallas, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Melcher-Dallas real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 1 | -75.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Melcher-Dallas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 75%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Melcher-Dallas, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Melcher-Dallas in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Melcher-Dallas, IA
How long does it take to sell a home in Melcher-Dallas, IA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 15 Days | -78.9% |
Summary: Homes in Melcher-Dallas had an average of 15 days on market in Oct 2024, down by 78.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Melcher-Dallas are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Melcher-Dallas; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.