$5,580 Closing Credit*
$469,900
3,083 SqFt
5 Beds
•3 Full Baths, 1 Partial
Sara Smith-DeWulf, Listing Office: BUY SELL BUILD QC - Real Broker, LLC
Is Blue Grass, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Blue Grass has remained a Seller's Market.
Key Takeaway
Blue Grass is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blue Grass, IA
How much do homes in Blue Grass, IA cost?
Median Sold Price
$314,995
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,995(+2.6%)
Key Takeaway
Homes in Blue Grass have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Blue Grass was $314,995 in November 2024, up 2.6% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126K | - | N/A |
| 2 Bedrooms | $295K | $212K | -28.1% |
| 3 Bedrooms | $215K | $318.2K | +48.0% |
| 4 Bedrooms | $372K | $325K | -12.6% |
| 5+ Bedrooms | $329.5K | $360K | +9.3% |
Summary: Blue Grass 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 decreased by 28.1%, 3 bedroom homes increased by 48%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
| Buffalo Township | $265K | $320K | +20.8% |
| Blue Grass | $307K | $314.9K | +2.6% |
| Blue Grass Township | $295K | $278.3K | -5.6% |
Housing Supply in Blue Grass, IA
How many homes are available in Blue Grass, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Blue Grass real estate market had 14 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Blue Grass 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blue Grass, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Blue Grass in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Blue Grass, IA
How long does it take to sell a home in Blue Grass, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 32 Days | +209.5% |
Summary: Homes in Blue Grass had an average of 32 days on market in Nov 2024, up by 209.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blue Grass are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Blue Grass; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.