Is Lynn Grove Township, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lynn Grove Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Lynn Grove Township was a Neutral Market.

Key Takeaway

Lynn Grove Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lynn Grove Township, IA

How much do homes in Lynn Grove Township, IA cost?

Median Sold Price

$207,000

$154/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$51,225(+32.9%)

Key Takeaway

Homes in Lynn Grove Township have sold for 32.9% more than they did a month ago.

Summary: The median home sold price in Lynn Grove Township was $207,000 in October 2024, up 32.9% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$215K
N/A
3 $155.7K$173.5K
+11.4%
4 --
N/A
5+ --
N/A

Summary: Lynn Grove Township 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 11.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lynn Grove Township
+32.9%
Sully
+32.9%

Housing Supply in Lynn Grove Township, IA

How many homes are available in Lynn Grove Township, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The Lynn Grove Township real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 64
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Lynn Grove Township 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lynn Grove Township, 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 Lynn Grove Township in October 2024, up by 200.0% 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 Lynn Grove Township, IA

How long does it take to sell a home in Lynn Grove Township, IA?

Average Sale Time

Sep 2024Oct 2024CHANGE
76 Days10 Days-86.0%

Summary: Homes in Lynn Grove Township had an average of 10 days on market in Oct 2024, down by 86% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lynn Grove Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Lynn Grove Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Lynn Grove Township, IA

Nearby Markets to Lynn Grove Township, IA