Is Graettinger, IA 51342 a buyer’s or seller’s market?
Graettinger 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.
The Graettinger housing market right now
In the three months ending August 31, 2026, 67% of homes in Graettinger, IA 51342 sold above their list price, the typical home went under contract in 45 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. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (98 days then) and the median sale price rose 318% to $229,901. Overall, Graettinger is more competitive than a year ago, so tougher for buyers.
Within Palo Alto County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Mallard 50562 (0% sold over asking) or Cylinder 50528 (0% sold over asking).
Run the numbers for 51342
Nearby markets
Ayrshire 50515Seller’s market $122 /sq ftCylinder 50528Seller’s market $114 /sq ftEmmetsburg 50536Seller’s market $112 /sq ftMallard 50562Buyer’s market — /sq ft Browse all markets →Towns like Graettinger nearby
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Questions about Graettinger real estate
Is Graettinger a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Graettinger, IA 51342 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 Graettinger?
The typical home went under contract in 45 days in the latest three months.
Do homes in Graettinger sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Graettinger?
About 1.20% of a home’s value a year in Palo Alto County, or roughly $4,800 on a $400,000 home.
What is the median home price in Graettinger?
The median sale price was $229,901 in the three months ending August 31, 2026, about $98 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