Is Blue Grass Township, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Grass Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Blue Grass Township has remained a Seller's Market.

Key Takeaway

Blue Grass Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Blue Grass Township, IA

How much do homes in Blue Grass Township, IA cost?

Median Sold Price

$278,350

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$16,650(-5.6%)

Key Takeaway

Homes in Blue Grass Township have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in Blue Grass Township was $278,350 in November 2024, down 5.6% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $126K-
N/A
2 $202.5K$177.2K
-12.5%
3 $245K$264.9K
+8.2%
4 $325K$325K
0.0%
5+ $329.5K$363.7K
+10.4%

Summary: Blue Grass 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 decreased by 12.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Cities

Buffalo Township
+20.8%
Blue Grass
+2.6%
Blue Grass Township
-5.6%
Walcott
-21.0%

Housing Supply in Blue Grass Township, IA

How many homes are available in Blue Grass Township, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2422-8.3%

Summary: The Blue Grass Township real estate market had 22 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1211
-8.3%
4 77
0.0%
5+ 11
0.0%

Summary: The Blue Grass 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 decreased by 25%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Grass Township, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Blue Grass Township in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 63% were sold at asking, and 0% were sold over asking.

Days on Market for Blue Grass Township, IA

How long does it take to sell a home in Blue Grass Township, IA?

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days22 Days+128.8%

Summary: Homes in Blue Grass Township had an average of 22 days on market in Nov 2024, up by 128.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blue Grass Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Blue Grass Township; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Blue Grass Township, IA

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