$4,150 Closing Credit*
$349,500
2,328 SqFt
4 Beds
•3 Full Baths
Shawna Burrow, Listing Office: NextHome QC Realty
Is Blue Grass, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Blue Grass was a Seller's Market.
Key Takeaway
Blue Grass is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Blue Grass, IA
How much do homes in Blue Grass, IA cost?
Median Sold Price
$401,250
$135/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$165,250(+70.0%)
Key Takeaway
Homes in Blue Grass have sold for 70% more than they did a month ago.
Summary: The median home sold price in Blue Grass was $401,250 in October 2024, up 70% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $164.5K | - | N/A |
| 3 Bedrooms | $323.7K | $495K | +52.9% |
| 4 Bedrooms | $287K | $307.5K | +7.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Blue Grass housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 52.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.
Housing Supply in Blue Grass, IA
How many homes are available in Blue Grass, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Summary: The Blue Grass real estate market had 16 homes for sale in October 2024, a 5.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Blue Grass housing inventory by bedroom type for October 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 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Blue Grass, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Blue Grass in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 30 Days | +8.9% |
Summary: Homes in Blue Grass had an average of 30 days on market in Oct 2024, up by 8.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 October 2024, 2 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.