Is Guthrie County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
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
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $22.6K | -35.4% |
| 2 Bedrooms | $161.5K | $190K | +17.6% |
| 3 Bedrooms | $244K | $289.5K | +18.7% |
| 4 Bedrooms | $249.5K | $300K | +20.2% |
| 5+ Bedrooms | $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 | $240K | $290K | +20.8% |
| Adair County | $152K | $180K | +18.4% |
| Dallas County | $337.4K | $349.8K | +3.7% |
Housing Supply in Guthrie County, IA
How many homes are available in Guthrie County, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 70 | 60 | -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
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 40 | 28 | -30.0% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 4 | 7 | +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 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -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
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 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 18 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
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.
