Is Dallas County, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas County is a buyer's market

Buyer's
Market

Difference Since February 2022

At the same time last year, Dallas County was a Seller's Market.

Key Takeaway

Dallas County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Dallas County, IA cost?

Median Sold Price

$336,263

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$36,002(+12.0%)

Key Takeaway

Homes in Dallas County have sold for 12% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $90K$165K
+83.3%
2 $165K$172.5K
+4.5%
3 $268K$293.5K
+9.5%
4 $370K$394.3K
+6.6%
5+ $501.9K$530.7K
+5.7%

Median Sold Price Compared To Nearby Counties

Boone County
+12.9%
Dallas County
+12.0%
Guthrie County
+11.3%
Polk County
+6.1%
Madison County
+2.6%

How many homes are available in Dallas County, IA?

Number of Homes For Sale

Jan 2023Feb 2023%
449460+2.4%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 2730
+11.1%
3 181172
-5.0%
4 179197
+10.1%
5+ 6261
-1.6%

Number of Homes Sold

Jan 2023Feb 2023%
4947-4.1%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dallas County, you may be able to get a good deal. 42.6% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
40 Days72 Days+80.7%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dallas County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Dallas County, IA

Dallas County, IA has 460 homes on the market. The inventory of homes for sale in Dallas County, IA between January 2023 and February 2023 increased by 2.4%. In February 2023 median list price was $336,263 and the average listing age was 72 days. From January 2023 through February 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 83.3%, 2 bedrooms properties became 4.5% more expensive, prices of 3 bedrooms properties went up by 9.5%, prices of 4 bedrooms properties went up by 6.6%, 5 bedrooms properties became 5.7% more expensive. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 11.1% more available, number of 3 bedrooms homes decreased by 5%, 4 bedrooms homes inventory increased by 10.1%, volume of 5 bedrooms homes went down by 1.6%. While more than 10 listings in Dallas County, IA in February 2023 were sold above asking price, there were more than 17 listings sold at asking price, and more than 20 were sold below.

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