Blue Grass, IA—52726
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Blue Grass, IA
As of Oct '25, the median home price in Blue Grass, IA is $337,000, with a year-over-year change of 4.4%. This indicates that home prices in Blue Grass, IA are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $337,000 | 4.4% |
| Single Family | $340,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $259,000 | 6.1% |
3 Bed | $321,000 | 4.9% |
4 Bed | $383,000 | 4.1% |
| 5 Bed | $416,000 | 4.5% |
% of Housing Stock
Rental Trends — Blue Grass, IA
Blue Grass, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $825 | $833 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $825 | $833 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Blue Grass, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Blue Grass, IA is 34. This is a decrease of -47.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $440,000 | 3.0% |
Listing Count | 15 | -24.0% |
| Listings as % of Homes | 0.6% | -24.0% |
Days on Market | 34 | -47.0% |
Demographics — Blue Grass, IA
As of the latest ACS Survey released in 2023, Blue Grass, IA has a population of 4,940, which has increased by 4.8% over the past 5 years. Blue Grass, IA is a moderately popular place for families, as children make up 18.6% of the population. The area has a moderately educated workforce, with 34.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,940 | 4.8% |
% Under 18 | 18.6% | -9.7% |
% Seniors | 24.4% | 8.0% |
% WFH | 12.5% | 95.3% |
% w/ College Degree | 34.5% | 3.0% |
As of the latest ACS Survey released in 2023, Blue Grass, IA is a predominantly white area, with 91.2% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Blue Grass, IA is hispanic, making up 5.5% of the population. Foreign-born residents account for 2.3% of the population in Blue Grass, IA, and this percentage has increased by 155.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.2% | -4.4% |
% Black | 1.0% | 400.0% |
% Hispanic | 5.5% | 31.0% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 2.3% | 155.6% |
Mortgage and Risk — Blue Grass, IA
According to HUD data as of 2023, there were 112 mortgage originations in Blue Grass, IA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Blue Grass, IA. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 112 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Blue Grass, IA
Blue Grass, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | $445 | $825 | $1,270 |
| 3 Bedroom | N/A | N/A | $1,660 |
| 4 Bedroom | N/A | N/A | $1,950 |
Affordability — Blue Grass, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $337,000 |
| Median Household Income | $102,000 |