Is Guthrie County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Guthrie County has remained a Seller's Market.
Key Takeaway
Guthrie County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Guthrie County, IA
How much do homes in Guthrie County, IA cost?
Median Sold Price
$281,400
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Guthrie County have sold for 17.7% more than they did a year ago.
Summary: The median home sold price in Guthrie County was $281,400 in March 2024, up 17.7% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $22.6K | -35.4% |
| 2 Bedrooms | $155K | $210K | +35.5% |
| 3 Bedrooms | $244K | $281.4K | +15.3% |
| 4 Bedrooms | $241.6K | $299K | +23.8% |
| 5+ Bedrooms | $382K | $421K | +10.2% |
Summary: Guthrie County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.4%, 2 bedroom homes increased by 35.5%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Counties
| Guthrie County | $239K | $281.4K | +17.7% |
| Dallas County | $337.4K | $350.5K | +3.9% |
Housing Supply in Guthrie County, IA
How many homes are available in Guthrie County, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 55 | 69 | +25.5% |
Summary: The Guthrie County real estate market had 69 homes for sale in March 2024, a 25.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 9 | +80.0% |
| 3 Bedrooms | 32 | 37 | +15.6% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Guthrie County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 12 | +300.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Guthrie County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Guthrie County in March 2024, up by 300.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Guthrie County, IA
How long does it take to sell a home in Guthrie County, IA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 54 Days | -5.2% |
Summary: Homes in Guthrie County had an average of 54 days on market in Mar 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Guthrie County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Guthrie County; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
