Is Guthrie County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$289,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Guthrie County have sold for 13.8% more than they did a year ago.
Summary: The median home sold price in Guthrie County was $289,000 in June 2024, up 13.8% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $28.8K | - | N/A |
| 2 Bedrooms | $175.9K | $157K | -10.7% |
| 3 Bedrooms | $256.4K | $278.2K | +8.5% |
| 4 Bedrooms | $285K | $308.1K | +8.1% |
| 5+ Bedrooms | $385.4K | $560K | +45.3% |
Summary: Guthrie County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 45.3%.
Median Sold Price Compared To Nearby Counties
| Greene County | $86K | $147.5K | +71.5% |
| Guthrie County | $253.8K | $289K | +13.8% |
| Dallas County | $335.4K | $354.9K | +5.8% |
| Adair County | $167.5K | $158.5K | -5.4% |
Housing Supply in Guthrie County, IA
How many homes are available in Guthrie County, IA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 64 | 56 | -12.5% |
Summary: The Guthrie County real estate market had 56 homes for sale in June 2024, a 12.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 31 | 31 | 0.0% |
| 4 Bedrooms | 18 | 15 | -16.7% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Guthrie County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 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. 92.3% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Guthrie County in June 2024, down by 27.8% month-over-month. Of the 13 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 23 Days | 65 Days | +179.3% |
Summary: Homes in Guthrie County had an average of 65 days on market in Jun 2024, up by 179.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 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 June 2024, 13 homes were sold in Guthrie County; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
