$425,000
7.29 Acres
Land
Tom Davies, Listing Office: Country Estates Realty
Is Granger, 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, Granger was a Neutral Market.
Key Takeaway
Granger is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Granger, IA
How much do homes in Granger, IA cost?
Median Sold Price
$372,500
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,500(+15.7%)
Key Takeaway
Homes in Granger have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Granger was $372,500 in November 2024, up 15.7% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127K | $475K | +274.0% |
| 3 Bedrooms | $310K | $327.3K | +5.6% |
| 4 Bedrooms | $356.2K | $373.6K | +4.9% |
| 5+ Bedrooms | $596.5K | $506.9K | -15.0% |
Summary: Granger 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 274%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 15%.
Median Sold Price Compared To Nearby Cities
| Granger | $322K | $372.5K | +15.7% |
| Granger | $322K | $372.5K | +15.7% |
| Jefferson Township | $405K | $389.9K | -3.7% |
Housing Supply in Granger, IA
How many homes are available in Granger, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 20 | -20.0% |
Summary: The Granger real estate market had 20 homes for sale in November 2024, a 20.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 11 | 7 | -36.4% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Granger 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 10%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 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 Granger, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Granger in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 72 Days | 48 Days | -32.9% |
Summary: Homes in Granger had an average of 48 days on market in Nov 2024, down by 32.9% compared to last year.
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 Granger are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Granger; 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.
