Is Guthrie Center, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Guthrie Center is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Guthrie Center has remained a Seller's Market.

Key Takeaway

Guthrie Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Guthrie Center, IA

How much do homes in Guthrie Center, IA cost?

Median Sold Price

$195,000

$162/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$26,000(+15.4%)

Key Takeaway

Homes in Guthrie Center have sold for 15.4% more than they did a month ago.

Summary: The median home sold price in Guthrie Center was $195,000 in September 2024, up 15.4% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $249.5K$195K
-21.8%
4 $159.5K-
N/A
5+ --
N/A

Summary: Guthrie Center housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 21.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Guthrie Center
+15.4%
Valley Township
+15.4%

Housing Supply in Guthrie Center, IA

How many homes are available in Guthrie Center, IA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
119-18.2%

Summary: The Guthrie Center real estate market had 9 homes for sale in September 2024, a 18.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 43
-25.0%
5+ 21
-50.0%

Summary: The Guthrie Center housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Guthrie Center, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Guthrie Center in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Guthrie Center, IA

How long does it take to sell a home in Guthrie Center, IA?

Average Sale Time

Aug 2024Sep 2024CHANGE
33 Days26 Days-22.0%

Summary: Homes in Guthrie Center had an average of 26 days on market in Sep 2024, down by 22% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Guthrie Center; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

Newest Listings in Guthrie Center, IA

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