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Gray's Lake Housing Market Report June 2025•Polk County, Iowa

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Housing Prices in Gray's Lake, IA

How much do homes in Gray's Lake, IA cost?

Housing Market Conditions

Is Gray's Lake, IA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Gray's Lake is a Seller's Market

Difference Since May 2025

Last month, Gray's Lake has remained a Seller's Market.

Insight

Gray's Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$207,000$212/SqFt
+$15,550
+8.1%

Based on all homes sold in June 2025

Insight

Homes in Gray's Lake have sold for 8.1% more than they did a month ago.

Summary: The median home sold price in Gray's Lake was $207,000 in June 2025, up 8.1% from last month, and the median price per square foot was $212.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2025Jun 2025Change MoM
1$107K-
N/A
2$168.3K$187.7K
+11.5%
3$215K$222K
+3.3%
4$347.4K-
N/A
5-$415K
N/A

Summary: Gray's Lake housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +11.5%. The home price for 3 bedroom homes increased by +3.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Gray's Lake, IA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Gray's Lake, IA

Housing supply in Gray's Lake, IA

How many homes are available in Gray's Lake, IA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
42Last MonthJun 2025
502 months agoMay 2025
-16.0 %
Change MoMMay – Jun

Summary: The Gray's Lake real estate market had 42 homes for sale in Jun 2025, a 16.0 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
8Last MonthJun 2025
102 months agoMay 2025
-20.0 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
120
-100.0%
21512
-20.0%
32725
-7.4%
443
-25.0%
522
0.0%

Summary: Gray's Lake housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes decreased by -7.4%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Gray's Lake, IA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price0 Home

Under Asking Price4 Homes

Insight

If you're buying a home in Gray's Lake, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Gray's Lake in June 2025, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.

Days on Market for Gray's Lake, IA

How long does it take to sell a home in Gray's Lake, IA?

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Many homes in Gray's Lake are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 8 homes were sold in Gray's Lake; 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.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
25 DaysLast MonthJun 2025
55 Days1 month agoMay 2025
-54.3 %
Change MoMMay – Jun

Summary: Homes in Gray's Lake had an average listing age of 25 days in Jun 2025, down by 54.3% compared to the previous month.

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Newest Listings in Gray's Lake, IA

What homes are available in Gray's Lake, IA?

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MLS Disclaimers and Copyright

Based on information from Des Moines MLS, for the period 05/01/2025 - 07/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 2:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.