Is Greenfield Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Greenfield Township was a Neutral Market.
Key Takeaway
Greenfield Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greenfield Township, IA
How much do homes in Greenfield Township, IA cost?
Median Sold Price
$300,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Greenfield Township have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Greenfield Township was $300,000 in March 2024, up 8.1% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $286.6K | $205K | -28.5% |
| 3 Bedrooms | $216.5K | $269.9K | +24.7% |
| 4 Bedrooms | $315K | $350.9K | +11.4% |
| 5+ Bedrooms | $489.9K | $475K | -3.0% |
Summary: Greenfield Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.5%, 3 bedroom homes increased by 24.7%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
| Linn Township | $309.2K | $345K | +11.6% |
| Norwalk | $300K | $330K | +10.0% |
| Bloomfield Township | $192.2K | $210K | +9.2% |
| Greenfield Township | $277.4K | $300K | +8.1% |
Housing Supply in Greenfield Township, IA
How many homes are available in Greenfield Township, IA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 74 | +45.1% |
Summary: The Greenfield Township real estate market had 74 homes for sale in March 2024, a 45.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 29 | 39 | +34.5% |
| 4 Bedrooms | 14 | 24 | +71.4% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Greenfield Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 34.5%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenfield Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Greenfield Township in March 2024, up by 300.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Greenfield Township, IA
How long does it take to sell a home in Greenfield Township, IA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 59 Days | 29 Days | -49.5% |
Summary: Homes in Greenfield Township had an average of 29 days on market in Mar 2024, down by 49.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Greenfield Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Greenfield Township; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
