$190,000
2.29 Acres
Land
Julie Larson, Listing Office: Coldwell Banker Mid-America
Is Dallas Center, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Dallas Center was a Neutral Market.
Key Takeaway
Dallas Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dallas Center, IA
How much do homes in Dallas Center, IA cost?
Median Sold Price
$285,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$50,010(+21.3%)
Key Takeaway
Homes in Dallas Center have sold for 21.3% more than they did a year ago.
Summary: The median home sold price in Dallas Center was $285,000 in August 2024, up 21.3% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $209K | $210K | 0.5% |
| 3 Bedrooms | $247.5K | $232.5K | -6.1% |
| 4 Bedrooms | $281K | $396.7K | +41.2% |
| 5+ Bedrooms | $590K | $568.4K | -3.7% |
Summary: Dallas Center housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes decreased by 3.7%.
Median Sold Price Compared To Nearby Cities
| Dallas Center | $234.9K | $285K | +21.3% |
| Adel Township | $352.9K | $349.9K | -0.9% |
Housing Supply in Dallas Center, IA
How many homes are available in Dallas Center, IA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Summary: The Dallas Center real estate market had 19 homes for sale in August 2024, a 26.7% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Dallas Center housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 0 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dallas Center, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Dallas Center in August 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Dallas Center, IA
How long does it take to sell a home in Dallas Center, IA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 33 Days | 8 Days | -74.8% |
Summary: Homes in Dallas Center had an average of 8 days on market in Aug 2024, down by 74.8% compared to last year.
Breakdown of Home Sale Times
5 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 Dallas Center are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 6 homes were sold in Dallas Center; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
