$1,746 Closing Credit*
$147,000
768 SqFt
2 Beds
•1 Full Bath
Shannon Salmon, Listing Office: RE/MAX Concepts
Housing Prices in Gray's Lake, IA
How much do homes in Gray's Lake, IA cost?
Median List Price
$327,000
$200/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$108,000(+49.3%)
Key Takeaway
The list price of homes in Gray's Lake has increased by 49.3% since last year.
Summary: The median home list price in Gray's Lake was $327,000 in November 2024, up 49.3% from the previous year, and the median price per square foot was $200.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126K | $195.5K | +55.2% |
| 2 Bedrooms | $167.4K | $194.9K | +16.4% |
| 3 Bedrooms | $222.5K | $469.9K | +111.2% |
| 4 Bedrooms | $262.5K | $420K | +60.0% |
| 5+ Bedrooms | $472.9K | $327K | -30.9% |
Summary: Gray's Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.2%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 111.2%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 30.9%.
Median List Price Compared To Nearby Neighborhoods
| Gray's Lake | $219K | $327K | +49.3% |
| Indianola Hills | $177.9K | $191.9K | +7.9% |
| Downtown Des Moines | $299.4K | $296.2K | -1.1% |
Housing Supply in Gray's Lake, IA
How many homes are available in Gray's Lake, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 35 | -2.8% |
Summary: The Gray's Lake real estate market had 35 homes for sale in November 2024, a 2.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Gray's Lake housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 100%.
Days on Market for Gray's Lake, IA
How long does it take to sell a home in Gray's Lake, IA?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 102 Days | 138 Days | +35.2% |
Summary: Homes in Gray's Lake had an average listing age of 138 days in Nov 2024, up by 35.2% compared to the previous year.
