$1,781 Closing Credit*
$150,000
832 SqFt
2 Beds
•1 Full Bath
Misty Darling, Listing Office: BH&G Real Estate Innovations
Is Melcher-Dallas, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Melcher-Dallas was a Neutral 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
$155,750
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,250(+14.1%)
Key Takeaway
Homes in Melcher-Dallas have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Melcher-Dallas was $155,750 in November 2024, up 14.1% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | $117K | -6.4% |
| 3 Bedrooms | $132.5K | $171.5K | +29.4% |
| 4 Bedrooms | $166.7K | $225K | +34.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Melcher-Dallas housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 34.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Melcher-Dallas | $136.5K | $155.7K | +14.1% |
| Dallas Township | $138K | $155.7K | +12.9% |
Housing Supply in Melcher-Dallas, IA
How many homes are available in Melcher-Dallas, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Summary: The Melcher-Dallas real estate market had 4 homes for sale in November 2024, a 50.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 0 | -100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Melcher-Dallas 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Melcher-Dallas, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Melcher-Dallas in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 64 Days | +966.7% |
Summary: Homes in Melcher-Dallas had an average of 64 days on market in Nov 2024, up by 966.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Melcher-Dallas has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Melcher-Dallas; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
