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.
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
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
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
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.