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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grant Township is a seller's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Grant Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Grant Township, IA

How much do homes in Grant Township, IA cost?

Median Sold Price

$351,930

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$85,180(+31.9%)

Key Takeaway

Homes in Grant Township have sold for 31.9% more than they did a year ago.

Summary: The median home sold price in Grant Township was $351,930 in August 2024, up 31.9% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $174K$300K
+72.4%
3 $249.9K$334.9K
+34.0%
4 $341K$377K
+10.6%
5+ $675K$657.5K
-2.6%

Summary: Grant Township 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 72.4%, 3 bedroom homes increased by 34%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Cities

Grant Township
+31.9%
Granger
+19.5%
Granger
+19.4%
Des Moines Township
+6.2%
Jefferson Township
-4.5%

Housing Supply in Grant Township, IA

How many homes are available in Grant Township, IA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1817-5.6%

Summary: The Grant Township real estate market had 17 homes for sale in August 2024, a 5.6% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 88
0.0%
4 86
-25.0%
5+ 21
-50.0%

Summary: The Grant Township 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 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grant Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Grant Township in August 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Grant Township, IA

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

Average Sale Time

Aug 2023Aug 2024CHANGE
70 Days11 Days-84.0%

Summary: Homes in Grant Township had an average of 11 days on market in Aug 2024, down by 84% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 4 homes were sold in Grant Township; 75% of homes were sold within 30 days, 25% 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 Grant Township, IA

Nearby Markets to Grant Township, IA

What housing markets are near Grant Township, IA?