$2,019 Closing Credit*
$170,000
1,008 SqFt
2 Beds
•1 Full Bath
Chris Behun, Listing Office: Iowa Realty Newton
Is Lynn Grove Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lynn Grove Township has remained a Seller's 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
$200,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,950(+8.1%)
Key Takeaway
Homes in Lynn Grove Township have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Lynn Grove Township was $200,000 in November 2024, up 8.1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $158K | $164K | +3.8% |
| 3 Bedrooms | $190K | $200K | +5.3% |
| 4 Bedrooms | $205K | $145K | -29.3% |
| 5+ Bedrooms | - | $365K | N/A |
Summary: Lynn Grove Township 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 3.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 29.3%, and 5+ bedroom homes did not change.
Housing Supply in Lynn Grove Township, IA
How many homes are available in Lynn Grove Township, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Lynn Grove Township real estate market had 5 homes for sale in November 2024, a 28.6% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lynn Grove Township 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 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, 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 Lynn Grove Township, 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 Lynn Grove Township 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 Lynn Grove Township, IA
How long does it take to sell a home in Lynn Grove Township, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 90 Days | +331.0% |
Summary: Homes in Lynn Grove Township had an average of 90 days on market in Nov 2024, up by 331% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lynn Grove Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Lynn Grove Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
