Is Adair County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Adair County has remained a Seller's Market.
Housing Prices in Adair County, IA
How much do homes in Adair County, IA cost?
Median Sold Price
$180,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Adair County was $180,000 in April 2024, up 18.4% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $58K | - | N/A |
2 Bedrooms | $130K | $124.4K | -4.3% |
3 Bedrooms | $153.5K | $189.9K | +23.7% |
4 Bedrooms | $211.5K | $180K | -14.9% |
5+ Bedrooms | $305.5K | $231K | -24.4% |
Summary: Adair County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes decreased by 24.4%.
Median Sold Price Compared To Nearby Counties
Guthrie County | $240K | $290K | +20.8% |
Madison County | $222.7K | $267.5K | +20.1% |
Adair County | $152K | $180K | +18.4% |
Housing Supply in Adair County, IA
How many homes are available in Adair County, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Summary: The Adair County real estate market had 17 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Adair County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Adair County in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Adair County, IA
How long does it take to sell a home in Adair County, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
82 Days | 50 Days | -38.9% |
Summary: Homes in Adair County had an average of 50 days on market in Apr 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Adair County; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.