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Adel Home Values and Market Report

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Report prepared by iowa.simplybetterrealty.com

Market at a glance

Over the last 12 months, homes sold for 1567458.4% of list price in 87 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $707K Sold · $648K
$710K$570K$430K$290K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 28 sales in May. Last month: 16.

Where the market stands

All homes in this report, by status.

324homes
Active83 · 26%
Under contract29 · 9%
Sold (12 mo)212 · 65%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$528K
Under contract$375K
Sold$473K

Average days on market

Active116 days
Under contract147 days
Sold87 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 83
Average list price $527,525
Avg. days on market 116 days
Avg. price per ft² $258 Based on 74 of 83 homes
Avg. living area 1,816 ft² Based on 74 of 83 homes
Avg. beds / baths 3.8 / 3.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

9 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 74 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

9 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

25143 Sportsmans Club Road$668
25046 Greyhawk Drive$506
25349 288th Trail$497
33875 L Avenue$465
32738 Westwood Lane$461
32734 Westwood Lane$404
33904 Woodridge Road$392

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
TBD Hickman RoadAdel, IA 50003 ———$6,500,000—414 days
25143 Sportsmans Club RoadAdel, IA 50003 452,732$1,825,000$668132 days
25046 Greyhawk DriveAdel, IA 50003 553,354$1,700,000$506187 days
33904 Woodridge RoadAdel, IA 50003 453,688$1,449,000$39233 days
33875 L AvenueAdel, IA 50003 332,522$1,175,000$465119 days
32734 Westwood LaneAdel, IA 50003 3—2,102$850,000$40413 days
28803 Frost LaneAdel, IA 50003 543,817$850,000$22275 days
33944 Overton CircleAdel, IA 50003 432,652$799,000$301131 days
27705 Northwoods RoadAdel, IA 50003 542,538$785,000$30955 days
32738 Westwood LaneAdel, IA 50003 421,678$775,000$46113 days
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Questions about this market?

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