Is Greenfield, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Greenfield has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Greenfield, IA

How much do homes in Greenfield, IA cost?

Median Sold Price

$155,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,750(+9.0%)

Key Takeaway

Homes in Greenfield have sold for 9% more than they did a year ago.

Summary: The median home sold price in Greenfield was $155,000 in April 2024, up 9% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $58K-
N/A
2 $135K$131.9K
-2.3%
3 $142.2K$172K
+20.9%
4 $190K$192.5K
+1.3%
5+ $305.5K$300K
-1.8%

Summary: Greenfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Cities

Greenfield
+9.0%
Greenfield Township
+9.0%

Housing Supply in Greenfield, IA

How many homes are available in Greenfield, IA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
610+66.7%

Summary: The Greenfield real estate market had 10 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 23
+50.0%
4 01
+100.0%
5+ 23
+50.0%

Summary: The Greenfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

2 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 Greenfield, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Greenfield in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Greenfield, IA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days30 Days-49.2%

Summary: Homes in Greenfield had an average of 30 days on market in Apr 2024, down by 49.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greenfield has remained consistent over time.

Summary: During April 2024, 3 homes were sold in Greenfield; 33% of homes were sold within 30 days, 67% 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 9 Days Ago

Newest Listings in Greenfield, IA

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