Is Dallas County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Dallas County was a Seller's Market.
Housing Prices in Dallas County, IA
How much do homes in Dallas County, IA cost?
Median Sold Price
$350,542
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dallas County was $350,542 in March 2024, up 3.9% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $163.2K | $86.4K | -47.1% |
2 Bedrooms | $176.5K | $175K | -0.8% |
3 Bedrooms | $290K | $297K | +2.4% |
4 Bedrooms | $389.3K | $396.9K | +2.0% |
5+ Bedrooms | $519.9K | $571.3K | +9.9% |
Summary: Dallas County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.1%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 9.9%.
Median Sold Price Compared To Nearby Counties
Madison County | $225K | $267K | +18.7% |
Guthrie County | $239K | $281.4K | +17.7% |
Boone County | $182.9K | $195.6K | +7.0% |
Polk County | $264.4K | $279.9K | +5.9% |
Dallas County | $337.4K | $350.5K | +3.9% |
Housing Supply in Dallas County, IA
How many homes are available in Dallas County, IA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
546 | 577 | +5.7% |
Summary: The Dallas County real estate market had 577 homes for sale in March 2024, a 5.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 39 | 43 | +10.3% |
3 Bedrooms | 197 | 194 | -1.5% |
4 Bedrooms | 207 | 232 | +12.1% |
5+ Bedrooms | 103 | 107 | +3.9% |
Summary: The Dallas County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 3.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
76 | 81 | +6.6% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 81 homes were sold or pending in Dallas County in March 2024, up by 6.6% month-over-month. Of the 81 sold homes, 56% were sold under asking, 31% were sold at asking, and 14% were sold over asking.
Days on Market for Dallas County, IA
How long does it take to sell a home in Dallas County, IA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
78 Days | 112 Days | +43.6% |
Summary: Homes in Dallas County had an average of 112 days on market in Mar 2024, up by 43.6% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
38 Homes Were Sold
Over 90 Days
Summary: During March 2024, 81 homes were sold in Dallas County; 32% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.