$3,640 Closing Credit*
$306,500
1,166 SqFt
3 Beds
•2 Full Baths
Tammy Heckart, Listing Office: RE/MAX Concepts
Is Granger, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Granger has remained a Seller's Market.
Key Takeaway
Granger is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Granger, IA
How much do homes in Granger, IA cost?
Median Sold Price
$373,063
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,313(+17.4%)
Key Takeaway
Homes in Granger have sold for 17.4% more than they did a year ago.
Summary: The median home sold price in Granger was $373,063 in October 2024, up 17.4% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150.5K | $650K | +331.9% |
| 3 Bedrooms | $309.5K | $327.3K | +5.8% |
| 4 Bedrooms | $356.2K | $373.6K | +4.9% |
| 5+ Bedrooms | $469K | $506.9K | +8.1% |
Summary: Granger housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 331.9%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Cities
| Granger | $317.7K | $373K | +17.4% |
| Granger | $317.7K | $373K | +17.4% |
| Jefferson Township | $412.5K | $385K | -6.7% |
Housing Supply in Granger, IA
How many homes are available in Granger, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Summary: The Granger real estate market had 22 homes for sale in October 2024, a 4.8% increase 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 | 0 | -100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Granger 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 decreased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granger, 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 Granger in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Granger, IA
How long does it take to sell a home in Granger, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 73 Days | +143.5% |
Summary: Homes in Granger had an average of 73 days on market in Oct 2024, up by 143.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Granger are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in Granger; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
