$5,819 Closing Credit*
$490,000
1,566 SqFt
4 Beds
•2 Full Baths
Michele Cheek, Listing Office: Keller Williams Ankeny Metro
Is Granger, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Granger has remained a Seller's Market.
Key Takeaway
Granger is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Granger, IA
How much do homes in Granger, IA cost?
Median Sold Price
$370,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$60,000(+19.4%)
Key Takeaway
Homes in Granger have sold for 19.4% more than they did a year ago.
Summary: The median home sold price in Granger was $370,000 in August 2024, up 19.4% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $174K | $650K | +273.6% |
| 3 Bedrooms | $292K | $324K | +11.0% |
| 4 Bedrooms | $367.5K | $378.4K | +3.0% |
| 5+ Bedrooms | $515K | $475K | -7.8% |
Summary: Granger housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 273.6%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Cities
| Grant Township | $266.7K | $351.9K | +31.9% |
| Granger | $309.5K | $370K | +19.5% |
| Granger | $310K | $370K | +19.4% |
| Jefferson Township | $406.4K | $388K | -4.5% |
Housing Supply in Granger, IA
How many homes are available in Granger, IA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Summary: The Granger real estate market had 21 homes for sale in August 2024, a 22.2% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Granger housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granger, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Granger in August 2024, down by 40.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Granger, IA
How long does it take to sell a home in Granger, IA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 58 Days | 15 Days | -73.1% |
Summary: Homes in Granger had an average of 15 days on market in Aug 2024, down by 73.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Granger are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 6 homes were sold in Granger; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
