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Hawkeye Reporter

Wednesday, April 2, 2025

Falling home prices in Adel in the fourth quarter of 2021

Webp re 8

The median sale price of a home sold in the fourth quarter of 2021 in Adel fell by $36,375 while total sales increased by 14.3%, according to BlockShopper.com.

From October through December of 2021, there were 32 homes sold, with a median sale price of $239,625 - a 13.2% decrease over the $276,000 median sale price for the same period of the previous year. There were 28 homes sold in Adel in the fourth quarter of 2020.

The median sales tax in Adel for the most recent year with available data, 2017, was $2,430, approximately 1% of the median home sale price for the fourth quarter of 2021.

The following table compares Adel to other Dallas County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Urbandale7282-12.2%$423,152.50$390,555.508.3%
Clive3139-20.5%$385,000$361,5006.5%
West Des Moines7588-14.8%$360,000$293,00022.9%
Waukee101108-6.5%$310,000$282,2259.8%
Adel322814.3%$239,625$276,000-13.2%
De Soto330%$238,000$235,0001.3%
Dallas Center1114-21.4%$202,500$175,00015.7%
Granger12119.1%$200,250$269,900-25.8%
Van Meter89-11.1%$180,000$209,000-13.9%
Woodward7540%$170,000$145,00017.2%
Redfield47-42.9%$110,500$141,000-21.6%

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