New Listing
4
$119,000
935 SW Cattail Rd
Grimes, IA 50111
Land9,148 sqft lot
Elizabeth Ortmann · RE/MAX Concepts
View photos & details
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Compass Real Estate · Grimes, IA
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Grimes, IA(512) 555-0184TX License #0512847
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Grimes, IA Housing Market & Real Estate
Balanced market+8.1% YoY
Housing market overview · Updated monthly ·
$360,000median sale price
How is the Grimes, IA housing market right now?
The median home sale price in Grimes, IA is $360,000, up 8.1% year-over-year. Homes sell in an average of 82 days with 85 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Grimes a buyer's or seller's market?
Balanced market3.4 months of supply82 avg. days on market
Grimes, IA is currently a balanced market, based on 3.4 months of supply and homes selling in about 82 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
82
Average pace
Active listings
85
3.4 months supply
Sale-to-list
98.8%
Below asking
What does the Grimes housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $360,000 |
| Median list price | $369,900 |
| Year-over-year price change | +8.1% |
| Average days on market | 82 days |
| Active inventory | 85 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $268/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 51 |
| Listings with a price cut | 24.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Grimes by property type?
How the Grimes, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $424,875 | $290/sq ft | 18 | 104 days |
| Condo / Co-op | $212,000 | $156/sq ft | 7 | 46 days |
Source: Redfin · Updated monthly
The Grimes housing market is currently classified as a balanced market with a median sale price of $360,000. Prices have risen 8.1% compared to last year, with homes spending an average of 82 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Grimes
There are currently 85 homes listed for sale in Grimes, Iowa. The median listing price is $370K. Featured listings range from $119,000 to $925,000.
New Listing
17
$150,000
304 SE Main St
Grimes, IA 50111
0 bd
House5,807 sqft lot
Hannah Woods · Agency Iowa
View photos & details
New Listing
34
$244,900
208 SE 3rd St
Grimes, IA 50111
3 bd2 ba1,571 sqft$156/ft²
House8,146 sqft lot
Danielle Burnight · RE/MAX Concepts
View photos & details
New Listing
16
$295,000
107 NW 7th St
Grimes, IA 50111
4 bd2 ba1,026 sqft$288/ft²
House9,191 sqft lot
Pennie Carroll · Pennie Carroll & Associates
View photos & details
New Build
15
$324,000
530 NW Rockwood Ln
Grimes, IA 50111
3 bd2 ba1,470 sqft$220/ft²
House
View photos & details
New Build
15
$407,000
740 SW Cattail Rd
Grimes, IA 50111
3 bd2 ba1,417 sqft$287/ft²
House
View photos & details
New Listing
30
$425,000
613 SE 17th St
Grimes, IA 50111
4 bd4 ba1,803 sqft$236/ft²
House12,066 sqft lot
Stephen Kerr · Century 21 Signature
View photos & details
New Listing
35
$500,000
313 SW Kennybrook Dr
Grimes, IA 50111
4 bd4 ba3,320 sqft$151/ft²
House10,498 sqft lot
Chrissi Ripperger · RE/MAX Concepts
View photos & details
New Build
$510,650
1055 SW Cattail Rd
Grimes, IA 50111
5 bd3 ba1,605 sqft$318/ft²
House8,712 sqft lot
Tracy Jagim · RE/MAX Precision
View photos & details
New Build
35
$559,900
17558 Brookview Dr
Grimes, IA 50111
5 bd3 ba1,630 sqft$343/ft²
House8,712 sqft lot
Jonathan Lee · RE/MAX Precision
View photos & details
New Build
35
$624,900
715 SW Cattail Rd
Grimes, IA 50111
4 bd3 ba1,717 sqft$364/ft²
House13,939 sqft lot
Elizabeth Ortmann · RE/MAX Concepts
View photos & details
New Listing
35
$925,000
11875 NW Oaktree Dr
Grimes, IA 50111
4 bd4 ba2,586 sqft$358/ft²
House1.01 acres
Scott Myers · Century 21 Signature
View photos & details
Looking to buy in Grimes?
Get connected with a local real estate expert — free, no obligation.
Active listings
85
Homes on market
Median list price
$370K
Avg. days on market
82
Days until sale
New this week
51
Newly listed
Price drops:24.7%of listings
Sale-to-list:98.8%
Who lives in Grimes?
Population
15,810
Median income
$104,497/yr
Median age
34.3 years
Owner-occupied
70.0%
College grads
47.6%
Avg commute
19.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Grimes?
Zillow home value
$351,743
Zillow rent index
$1,435/mo
Price-to-rent ratio
20.4x
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Grimes?
Grimes is a community of approximately 16K residents with a median age of 34.3 years.The median household income is $104,497, which reflects a relatively affluent area with strong earning potential. 47.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 70.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Grimes offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Grimes?
5 schools tracked · 3,037 students
The largest public schools serving Grimes, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Dallas Center-Grimes High School
Grades 9-12 · 1,027 students
Heritage Elementary
Grades PK-4 · 567 students
DC-G Oak View
Grades 7-8 · 565 students
South Prairie Elementary
Grades K-4 · 455 students
North Ridge Elementary
Grades K-4 · 423 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Grimes, IA?
Want a head-to-head view? Compare Grimes side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Grimes?
Is Grimes a good real estate investment market?
For investors evaluating Grimes, the price-to-rent ratio of 20.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Grimes's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Grimes's median home price.
Frequently asked questions
What is the average home price in Grimes?
The median home sale price in Grimes is $360,000, up 8.1% from last year.
How long do homes stay on market in Grimes?
Homes typically spend 82 days on market before going under contract.
What is the median income in Grimes?
The median household income is $104,497 per year.
Is Grimes a buyer's or seller's market?
With 3.4 months of supply, Grimes is currently a balanced market.
How many homes are for sale in Grimes?
There are currently 85 homes listed for sale in Grimes, IA.
What is the Zillow home value estimate for Grimes?
The Zillow Home Value Index (ZHVI) for Grimes is $351,743, representing the typical home value in the area.
What is the median condo price in Grimes?
The median condo/co-op sale price in Grimes, IA is $212,000, compared to $424,875 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Grimes?
The median single-family home price in Grimes, IA is $424,875 (about $290 per square foot).
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