Is Dallas County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Dallas County was a Neutral Market.
Key Takeaway
Dallas County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dallas County, IA
How much do homes in Dallas County, IA cost?
Median Sold Price
$349,868
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dallas County have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Dallas County was $349,868 in April 2024, up 3.7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $163.2K | $86.4K | -47.1% |
| 2 Bedrooms | $177K | $175K | -1.1% |
| 3 Bedrooms | $289.9K | $297.4K | +2.6% |
| 4 Bedrooms | $386K | $397.5K | +3.0% |
| 5+ Bedrooms | $526K | $575.2K | +9.4% |
Summary: Dallas County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.1%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Counties
| Guthrie County | $240K | $290K | +20.8% |
| Madison County | $222.7K | $267.5K | +20.1% |
| Boone County | $182.9K | $196.8K | +7.7% |
| Polk County | $265K | $280.6K | +5.9% |
| Dallas County | $337.4K | $349.8K | +3.7% |
Housing Supply in Dallas County, IA
How many homes are available in Dallas County, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 607 | 632 | +4.1% |
Summary: The Dallas County real estate market had 632 homes for sale in April 2024, a 4.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 48 | 49 | +2.1% |
| 3 Bedrooms | 202 | 209 | +3.5% |
| 4 Bedrooms | 253 | 258 | +2.0% |
| 5+ Bedrooms | 103 | 115 | +11.7% |
Summary: The Dallas 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 increased by 2.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 11.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 87 | 87 | 0.0% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dallas County, you may be able to get a good deal. 49.4% of homes here sold below asking price last month.
Summary: A total of 87 homes were sold or pending in Dallas County in April 2024, the same as the previous month. Of the 87 sold homes, 49% were sold under asking, 32% were sold at asking, and 18% were sold over asking.
Days on Market for Dallas County, IA
How long does it take to sell a home in Dallas County, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 82 Days | 74 Days | -8.9% |
Summary: Homes in Dallas County had an average of 74 days on market in Apr 2024, down by 8.9% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dallas County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 87 homes were sold in Dallas County; 52% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
