Adel home prices fall in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Adel fell by $42,700 while total sales decreased by 91.4%, according to BlockShopper.com.

From January through June of 2020, there were five homes sold, with a median sale price of $180,000 - a 19.2% decrease over the $222,700 median sale price for the same period of the previous year. There were 58 homes sold in Adel in the first half of 2019.

The median sales tax in Adel for the most recent year with available data, 2017, was $2,430, approximately 1.4% of the median home sale price for the first half of 2020.

The following table compares Adel to other Dallas County cities in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Waukee4220-98.2%$397,500$265,00050%
Clive756-87.5%$359,900$346,7503.8%
West Des Moines7154-95.5%$300,000$275,0009.1%
Urbandale5109-95.4%$293,000$349,900-16.3%
Dallas Center117-94.1%$190,000$163,00016.6%
De Soto110-90%$188,652$180,5004.5%
Adel558-91.4%$180,000$222,700-19.2%
Woodward18-87.5%$165,000$117,45040.5%
Perry552-90.4%$115,750$101,00014.6%
Redfield35-40%$40,000$97,500-59%
Dexter03-100%$0$125,000-100%
Van Meter022-100%$0$283,685-100%
Minburn01-100%$0$82,000-100%
Granger07-100%$0$250,000-100%

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