Grand Junction, IA50107

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$117,000
2.4% YoY Growth
Median Household Income
$51,200
1.9% 5-Year Growth
Days on Market
188
11.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Grand Junction, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Grand Junction, IA is 188. This is a decrease of -11.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$81,100-72.0%
Listing Count
357.0%
Listings as % of Homes0.5%57.0%
Days on Market
188-11.0%
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Demographics — Grand Junction, IA

As of the latest ACS Survey released in 2023, Grand Junction, IA has a population of 791, which has decreased by -31.6% over the past 5 years. Grand Junction, IA is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 14.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
791-31.6%
% Under 18
20.4%-15.4%
% Seniors
19.6%33.3%
% WFH
1.5%0.0%
% w/ College Degree
14.3%37.5%
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As of the latest ACS Survey released in 2023, Grand Junction, IA is a predominantly white area, with 93.3% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Grand Junction, IA is hispanic, making up 0.8% of the population. Foreign-born residents account for 0.0% of the population in Grand Junction, IA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.3%-5.8%
% Black
0.0%N/A
% Hispanic
0.8%166.7%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Grand Junction, IA

According to HUD data as of 2023, there were 25 mortgage originations in Grand Junction, IA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Grand Junction, IA. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
25
% Conventional Loans
92.0%
% Government Loans
8.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — Grand Junction, IA

Grand Junction, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
1.9%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$740
2 BedroomN/AN/A$970
3 BedroomN/AN/A$1,360
4 BedroomN/AN/A$1,590

Affordability — Grand Junction, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.1
Median Home Price$117,000
Median Household Income$51,200

Grand Junction, IA — ZIP Code Boundary Map

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Frequently Asked Questions