$2,968 Closing Credit*
$249,900
1,956 SqFt
3 Beds
•2 Full Baths
Matt Smith, Listing Office: RE/MAX CONCEPTS
Is Big Grove Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Big Grove Township was a Buyer's Market.
Key Takeaway
Big Grove Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Big Grove Township, IA
How much do homes in Big Grove Township, IA cost?
Median Sold Price
$357,450
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$57,550(+19.2%)
Key Takeaway
Homes in Big Grove Township have sold for 19.2% more than they did a year ago.
Summary: The median home sold price in Big Grove Township was $357,450 in November 2024, up 19.2% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $170K | +13.3% |
| 3 Bedrooms | $246.9K | $265K | +7.3% |
| 4 Bedrooms | $375K | $382.2K | +1.9% |
| 5+ Bedrooms | $612.9K | $565K | -7.8% |
Summary: Big Grove Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Cities
| Big Grove Township | $299.9K | $357.4K | +19.2% |
| Solon | $334.9K | $389.9K | +16.4% |
| Penn Township | $322.4K | $348.5K | +8.1% |
| Putnam Township | $355K | $360K | +1.4% |
Housing Supply in Big Grove Township, IA
How many homes are available in Big Grove Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Summary: The Big Grove Township real estate market had 11 homes for sale in November 2024, a 26.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Big Grove Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Big Grove Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Big Grove Township in November 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Big Grove Township, IA
How long does it take to sell a home in Big Grove Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 100 Days | +43.6% |
Summary: Homes in Big Grove Township had an average of 100 days on market in Nov 2024, up by 43.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Big Grove Township has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Big Grove Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids 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 Is Believed To Be Accurate But Not Guaranteed.