Is Granger, IA 50109 a buyer’s or seller’s market?
Granger is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 45% of U.S. ZIP codes, and #98 of 155 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Granger housing market right now
In the three months ending August 31, 2026, 15% of homes in Granger, IA 50109 sold above their list price, the typical home went under contract in 38 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (63 days then) and the median sale price fell 4% to $322,860. Overall, Granger is more competitive than a year ago, so tougher for buyers.
Within Polk County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell less often over asking than in 70%.
Nearby, buyers who want less competition could look at Sheldahl 50243 (0% sold over asking) or Alleman 50007 (0% sold over asking), while Elkhart 50073 (40% sold over asking) and Runnells 50237 (40% sold over asking) are even more competitive.
Run the numbers for 50109
Nearby markets
Alleman 50007Seller’s market $165 /sq ftAltoona 50009Seller’s market $237 /sq ftAnkeny 50021Seller’s market $229 /sq ftAnkeny 50023Seller’s market $231 /sq ft Browse all markets →Towns like Granger nearby
Find towns like Granger in other states →Where Granger is
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Questions about Granger real estate
Is Granger a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Granger, IA 50109 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Granger?
The typical home went under contract in 38 days in the latest three months.
Do homes in Granger sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Granger?
About 1.68% of a home’s value a year in Polk County, or roughly $6,720 on a $400,000 home.
What is the median home price in Granger?
The median sale price was $322,860 in the three months ending August 31, 2026, about $251 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology