Melcher-Dallas Housing Market Report December 2024•Marion County, Iowa

hero building illustration for mobile

Housing Prices in Melcher-Dallas, IA

How much do homes in Melcher-Dallas, IA cost?

Housing Market Conditions

Is Melcher-Dallas, IA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Melcher-Dallas is a Seller's Market

Difference Since December 2023

At the same time last year, Melcher-Dallas was a Buyer's Market.

Insight

Melcher-Dallas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$159,250$133/SqFt
+$22,750
+16.7%

Based on all homes sold in the last 12 months

Insight

Homes in Melcher-Dallas have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in Melcher-Dallas was $159,250 in December 2024, up 16.7% from last year, and the median price per square foot was $133.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Melcher-Dallas
+16.7%
Dallas Township
+15.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1--
N/A
2$114.9K$117K
+1.8%
3$132.5K$171.5K
+29.4%
4$166.7K$217.5K
+30.4%
5--
N/A

Summary: Melcher-Dallas housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.8%. The home price for 3 bedroom homes increased by +29.4%. The home price for 4 bedroom homes increased by +30.4%. The home price for 5 bedroom homes did not change.

Housing supply in Melcher-Dallas, IA

How many homes are available in Melcher-Dallas, IA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
6Last MonthDec 2024
72 months agoNov 2024
-14.3 %
Change MoMNov – Dec

Summary: The Melcher-Dallas real estate market had 6 homes for sale in Dec 2024, a 14.3 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthDec 2024
12 months agoNov 2024
+200.0 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
211
0.0%
322
0.0%
443
-25.0%
500
0.0%

Summary: Melcher-Dallas housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Melcher-Dallas, IA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Melcher-Dallas, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Melcher-Dallas in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Melcher-Dallas, IA

How long does it take to sell a home in Melcher-Dallas, IA?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Melcher-Dallas are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Melcher-Dallas; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
8 DaysThis YearDec 2024
2 Days1 year agoDec 2023
+300.0 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Melcher-Dallas had an average listing age of 8 days in Dec 2024, up by 300.0% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Melcher-Dallas, IA

What homes are available in Melcher-Dallas, IA?

See More Listings

Nearby markets

Nearby markets aren't available for Melcher-Dallas, IA

Popular Cities with Homes for Sale in Iowa

MLS Disclaimers and Copyright

Based on information from Des Moines MLS, for the period 01/01/2023 - 01/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.