$2,197 Closing Credit*
$185,000
1,488 SqFt
3 Beds
•1 Full Bath
Ryan Van Daele, Listing Office: Epique Realty
Is Long Grove, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Long Grove has remained a Seller's Market.
Key Takeaway
Long Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Long Grove, IA
How much do homes in Long Grove, IA cost?
Median Sold Price
$319,000
$154/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$47,500(-13.0%)
Key Takeaway
Homes in Long Grove have sold for 13% less than they did a month ago.
Summary: The median home sold price in Long Grove was $319,000 in October 2024, down 13% from last month, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $102.5K | N/A |
| 3 Bedrooms | $318K | $365K | +14.8% |
| 4 Bedrooms | - | $319K | N/A |
| 5+ Bedrooms | $415K | - | N/A |
Summary: Long Grove 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 14.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Long Grove | $366.5K | $319K | -13.0% |
| Winfield Township | $366.5K | $319K | -13.0% |
Housing Supply in Long Grove, IA
How many homes are available in Long Grove, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Long Grove real estate market had 8 homes for sale in October 2024, a 11.1% 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 | 2 | 2 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Long Grove 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 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 Long Grove, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Long Grove in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Long Grove, IA
How long does it take to sell a home in Long Grove, IA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 43 Days | +561.5% |
Summary: Homes in Long Grove had an average of 43 days on market in Oct 2024, up by 561.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Long Grove are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Long Grove; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.