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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Guthrie County is a buyer's market

Buyer's
Market

Difference Since April 2022

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

Key Takeaway

Guthrie 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 Guthrie County, IA cost?

Median Sold Price

$240,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$34,500(+16.8%)

Key Takeaway

Homes in Guthrie County have sold for 16.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $92K$35K
-62.0%
2 $90K$161.5K
+79.4%
3 $208.4K$247.7K
+18.9%
4 $252.7K$249.5K
-1.3%
5+ $554K$461K
-16.8%

Median Sold Price Compared To Nearby Counties

Adair County
+29.0%
Guthrie County
+16.8%
Dallas County
+6.6%

How many homes are available in Guthrie County, IA?

Number of Homes For Sale

Mar 2023Apr 2023%
5245-13.5%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 01
+100.0%
2 1211
-8.3%
3 2522
-12.0%
4 118
-27.3%
5+ 43
-25.0%

Number of Homes Sold

Mar 2023Apr 2023%
194-78.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Guthrie County, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Apr 2022Apr 2023%
42 Days27 Days-36.1%

Breakdown of Home Sale Times

3 Homes Were 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 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 Guthrie County, IA

Guthrie County, IA has 45 homes on the market. The inventory of homes for sale in Guthrie County, IA between March 2023 and April 2023 decreased by 13.5%. Listings spent 27 days on the market in April 2023, and had a median list price of $240,000 during the same period. Listing prices have changed in this real estate market between March 2023 and April 2023: the cost of 1 bedroom properties went down by 62%, 2 bedrooms properties prices increased by 79.4%, 3 bedrooms properties prices increased by 18.9%, 4 bedrooms properties became 1.3% more cheaper, prices of 5 bedrooms properties decreased by 16.8%. Volume of homes for sale changed: 1 bedroom homes became 100% more available, 2 bedrooms homes became 8.3% less available, volume of 3 bedrooms homes went down by 12%, 4 bedrooms homes inventory decreased by 27.3%, the quantity of 5 bedrooms homes went down by 25%. In April 2023, from all listings sold in Guthrie County, IA there were more than 2 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.

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