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 2023

Since last year, Guthrie County has remained a Buyer'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.

Housing Prices in Guthrie County, IA

How much do homes in Guthrie County, IA cost?

Median Sold Price

$290,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$50,000(+20.8%)

Key Takeaway

Homes in Guthrie County have sold for 20.8% more than they did a year ago.

Summary: The median home sold price in Guthrie County was $290,000 in April 2024, up 20.8% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $35K$22.6K
-35.4%
2 $161.5K$190K
+17.6%
3 $244K$289.5K
+18.7%
4 $249.5K$300K
+20.2%
5+ $375K$421K
+12.3%

Summary: Guthrie County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.4%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Counties

Guthrie County
+20.8%
Adair County
+18.4%
Dallas County
+3.7%

Housing Supply in Guthrie County, IA

How many homes are available in Guthrie County, IA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7060-14.3%

Summary: The Guthrie County real estate market had 60 homes for sale in April 2024, a 14.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 4028
-30.0%
4 1717
0.0%
5+ 47
+75.0%

Summary: The Guthrie County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 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 County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Guthrie County in April 2024, down by 38.5% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% 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

Apr 2023Apr 2024CHANGE
27 Days18 Days-30.6%

Summary: Homes in Guthrie County had an average of 18 days on market in Apr 2024, down by 30.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were 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.

Summary: During April 2024, 8 homes were sold in Guthrie County; 75% of homes were sold within 30 days, 25% 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 19 Days Ago

Newest Listings in Guthrie County, IA

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