Grinnell, IA Home Values & Market Trends

Real estate market trends reflect that there have been 50 transactions over the past year in Grinnell. The median value for residential home transactions that occurred over the previous year is $207,952.88. The number of current listings in Grinnell is 46, and the percentage of properties for sale in the city is 46.00%. Grinnell, IA currently has 6 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 46 properties for sale.

Grinnell, IA Real Estate Market Overview

ZipMedian Est. Value
50112

$ 219,000

$ 129/sqft

Housing Market Summary for Grinnell, IA

Apr 2023March 2024Change
Median Listing Price$264.5K$226K-14.56%
Median Sold Price$197.5K$226K14.46%
Homes For Sale334330.30%
Homes Sold264157.69%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Grinnell, IA

Grinnell home values range from $20,114 to $1,595,494. The median estimated value of a home in Grinnell is $207,952.88. The median list price of a home is 207,450, and the total count of properties in the city is 3,530.

Foreclosure
There is 1 zips within Grinnell, IA; within this zips, the median estimated home value for homes in foreclosure ranges from $298,199 in 50112 to the lowest value of $98,914 in 50112. Foreclosure homes account for 0.00% of properties in Grinnell, IA with 50112 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in Grinnell, IA with 50112 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Grinnell, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $168,825 in 50112 to the lowest home value of $160,000 in 50112.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Grinnell, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Grinnell, IA. There is 1 zips within Grinnell, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    50112 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Grinnell, IA. Auction homes and other auction properties account for 0.08% of all properties in Grinnell, IA. There is 1 zips within Grinnell, IA; of that zips, the median estimated home value for homes going to auction ranges from $298,199 in 50112 to the lowest value of $98,914 in 50112.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.30% of residential properties in Grinnell, IA with 50112 containing 46 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Grinnell, IA; homes for sale in that zips, have a range of median values from $694,900 in 50112 to the lowest value of $70,406 in 50112.
    Sold Homes
    The median value for recently sold homes ranges from $587,165 in 50112 to the lowest price of $20,114 in 50112. There is 1 zips within Grinnell, IA. 50112 has 47 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.33% of properties in Grinnell, IA.

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      Guide for Grinnell, IA

      Foreclosure
      Iowa Foreclosure Laws
      Market Reports
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Market Reports|posted 1 April 2024

      Des Moines’ real estate market experiences robust upward momentum, with property values increasing despite occasional fluctuations.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.