Greenfield Housing Market Report January 2025•Adair County, Iowa

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Housing Prices in Greenfield, IA

How much do homes in Greenfield, IA cost?

Housing Market Conditions

Is Greenfield, 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

Greenfield is a Seller's Market

Difference Since December 2024

Last month, Greenfield was a Neutral Market.

Insight

Greenfield 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.
$255,000$128/SqFt
+$188,000
+280.6%

Based on all homes sold in January 2025

Insight

Homes in Greenfield have sold for 280.6% more than they did a month ago.

Summary: The median home sold price in Greenfield was $255,000 in January 2025, up 280.6% from last month, and the median price per square foot was $128.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Greenfield Township
+280.6%
Greenfield
+280.6%

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.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2$67K-
N/A
3-$255K
N/A
4--
N/A
5--
N/A

Summary: Greenfield housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Greenfield, IA

How many homes are available in Greenfield, 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
5Last MonthJan 2025
62 months agoDec 2024
-16.7 %
Change MoMDec – Jan

Summary: The Greenfield real estate market had 5 homes for sale in Jan 2025, a 16.7 % decrease compared to Dec 2024.

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
1Last MonthJan 2025
12 months agoDec 2024
0.0 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
221
-50.0%
322
0.0%
411
0.0%
511
0.0%

Summary: Greenfield housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Greenfield, 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 Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Greenfield, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Greenfield in January 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Greenfield, IA

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Greenfield are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During January 2025, 1 homes were sold in Greenfield; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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
119 DaysLast MonthJan 2025
17 Days1 month agoDec 2024
+600.0 %
Change MoMDec – Jan

Summary: Homes in Greenfield had an average listing age of 119 days in Jan 2025, up by 600.0% compared to the previous month.

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Newest Listings in Greenfield, IA

What homes are available in Greenfield, IA?

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Nearby markets aren't available for Greenfield, IA

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MLS Disclaimers and Copyright

Based on information from Des Moines MLS, for the period 12/01/2024 - 02/01/2025

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: 2/6/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.