Housing in Grimes, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$371,500
Median List Price
$414,900
Price Per Sq Ft
$245
Days on Market
61
Active Inventory
67
Months of Supply
5.6
Balanced market
Zillow Home Value
$342,024
ZHVI — January 2026
Zillow Rent Index
$1,478
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
16.7%
Off Market in 2 Weeks
28.6%
Sale-to-List Ratio
98.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
12
New Listings
21
Pending Sales
21
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$245
Median List $/SF
$282
Grimes vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Grimes is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$281,000
Median Rent
$1,156
Total Housing Units
6,209
Vacancy Rate
1.2%
Owner Occupied
70.0%
Renter Occupied
30.0%
Median Property Tax
$5,136
per year
Monthly Cost (w/ Mortgage)
$1,718
Housing Types
The current median sale price in Grimes, IA is $371,500 according to Redfin data. Homes spend a median of 61 days on the market. 16.7% of homes sold above asking price. The market has 5.6 months of supply. The median price per square foot is $245. Zillow's observed rent index is $1,478/month. About 70.0% of housing units are owner-occupied. The median year homes were built is 2008. There are 6,209 total housing units.