Grundy Center, IA—50638
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grundy Center, IA
As of Oct '25, the median home price in Grundy Center, IA is $192,000, with a year-over-year change of 3.8%. This indicates that home prices in Grundy Center, IA are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $192,000 | 3.8% |
| Single Family | $194,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $138,000 | 2.2% |
3 Bed | $189,000 | 3.3% |
4 Bed | $239,000 | 4.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Grundy Center, IA
Grundy Center, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $975 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $975 | $975 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Grundy Center, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Grundy Center, IA is 47. This is a decrease of -18.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $186,000 | -1.0% |
Listing Count | 17 | 2.0% |
| Listings as % of Homes | 0.5% | 2.0% |
Days on Market | 47 | -18.0% |
Demographics — Grundy Center, IA
As of the latest ACS Survey released in 2023, Grundy Center, IA has a population of 3,470, which has increased by 5.4% over the past 5 years. Grundy Center, IA is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,470 | 5.4% |
% Under 18 | 24.4% | 6.1% |
% Seniors | 20.7% | -8.0% |
% WFH | 8.8% | 183.9% |
% w/ College Degree | 25.2% | -11.9% |
As of the latest ACS Survey released in 2023, Grundy Center, IA is a predominantly white area, with 95.6% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Grundy Center, IA is hispanic, making up 2.6% of the population. Foreign-born residents account for 0.8% of the population in Grundy Center, IA, and this percentage has increased by 33.3% 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 | 95.6% | -2.0% |
% Black | 0.2% | -85.7% |
% Hispanic | 2.6% | ∞% |
% Asian | 0.2% | -75.0% |
% Foreign Born | 0.8% | 33.3% |
Mortgage and Risk — Grundy Center, IA
According to HUD data as of 2023, there were 108 mortgage originations in Grundy Center, IA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Grundy Center, IA. Investor activity is low, as 10.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 108 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Grundy Center, IA
Grundy Center, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $670 |
| 2 Bedroom | -$95 | $975 | $880 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Grundy Center, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $192,000 |
| Median Household Income | $79,500 |