Gridley, IN—46017
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gridley, IN
As of Oct '25, the median home price in Gridley, IN is $186,000, with a year-over-year change of 5.9%. This indicates that home prices in Gridley, IN are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | 5.9% |
| Single Family | $186,000 | 5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $144,000 | 6.7% |
3 Bed | $192,000 | 5.5% |
4 Bed | $252,000 | 5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gridley, IN
As of July '25, Rentcast reports the average rent in Gridley, IN is $925, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Gridley, IN is studios: $755, 3-bedrooms: $959. The most common rental property sizes in Gridley, IN are 2-bedroom and 3-bedroom, accounting for 44.2% and 40.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $899 | $925 |
| Studio Rent | $755 | $755 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $899 | $959 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gridley, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Gridley, IN is 31. This is a decrease of -2.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $174,000 | 1.0% |
Listing Count | 18 | -14.0% |
| Listings as % of Homes | 0.5% | -14.0% |
Days on Market | 31 | -2.0% |
Demographics — Gridley, IN
As of the latest ACS Survey released in 2023, Gridley, IN has a population of 5,420, which has decreased by -7.0% over the past 5 years. Gridley, IN is a moderately popular place for families, as children make up 16.1% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,420 | -7.0% |
% Under 18 | 16.1% | -17.9% |
% Seniors | 18.8% | -2.1% |
% WFH | 8.2% | 115.8% |
% w/ College Degree | 18.8% | 11.9% |
As of the latest ACS Survey released in 2023, Gridley, IN is a predominantly white area, with 86.0% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Gridley, IN is hispanic, making up 6.3% of the population. Foreign-born residents account for 1.9% of the population in Gridley, IN, and this percentage has increased by 216.7% 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 | 86.0% | -6.8% |
% Black | 1.1% | -67.6% |
% Hispanic | 6.3% | 90.9% |
% Asian | 1.5% | 650.0% |
% Foreign Born | 1.9% | 216.7% |
Mortgage and Risk — Gridley, IN
According to HUD data as of 2023, there were 63 mortgage originations in Gridley, IN, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Gridley, IN. Investor activity is low, as 2.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 63 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Gridley, IN
Gridley, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | $541 | $899 | $1,440 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Gridley, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $186,000 |
| Median Household Income | $72,500 |