$8,609 Closing Credit*
$725,000
3,300 SqFt
4 Beds
•3 Full Baths
Lindsay Thiel, Listing Office: Ruhl&Ruhl REALTORS DeWitt
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
$338,040
$170/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$19,040(+6.0%)
Key Takeaway
Homes in Long Grove have sold for 6% more than they did a month ago.
Summary: The median home sold price in Long Grove was $338,040 in November 2024, up 6% from last month, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $102.5K | - | N/A |
| 3 Bedrooms | $365K | $233.5K | -36.0% |
| 4 Bedrooms | $319K | $442.5K | +38.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Long Grove housing prices by bedroom type for November 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 decreased by 36%, 4 bedroom homes increased by 38.7%, and 5+ bedroom homes did not change.
Housing Supply in Long Grove, IA
How many homes are available in Long Grove, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Long Grove real estate market had 7 homes for sale in November 2024, a 22.2% 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 | 0 | -100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Long Grove 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Long Grove in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 34 Days | -20.9% |
Summary: Homes in Long Grove had an average of 34 days on market in Nov 2024, down by 20.9% compared to last month.
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 Long Grove are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Long Grove; 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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.