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Hawkeye Reporter

Monday, November 4, 2024

Adel median home prices fell by 11.5% in the first quarter of 2022

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The median sale price of a home sold in the first quarter of 2022 in Adel fell by $27,900 while total sales decreased by 45.5%, according to BlockShopper.com.

From January through March of 2022, there were 12 homes sold, with a median sale price of $213,750 - a 11.5% decrease over the $241,650 median sale price for the same period of the previous year. There were 22 homes sold in Adel in the first quarter of 2021.

The median sales tax in Adel for the most recent year with available data, 2017, was $2,430, approximately 1.1% of the median home sale price for the first quarter of 2022.

The following table compares Adel to other Dallas County cities with similar median sale prices in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Clive1826-30.8%$352,495$309,95013.7%
Waukee7581-7.4%$343,000$268,40027.8%
West Des Moines5976-22.4%$315,900$312,5001.1%
Van Meter7540%$293,500$189,90054.6%
De Soto79-22.2%$235,000$199,90017.6%
Adel1222-45.5%$213,750$241,650-11.5%
Woodward46-33.3%$198,500$146,80035.2%
Granger220%$192,500$266,610-27.8%
Dexter10-$180,000$0-
Dallas Center911-18.2%$170,000$142,50019.3%
Redfield330%$149,000$53,000181.1%

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