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GRINNELL, IA 50112

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The GRINNELL, IA real estate market (50112) currently shows 64 active listings, with 20 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are selling faster, averaging 63 days on market compared to 74 days last year.

The median listing price has risen 4.2% year-over-year, from $236,000 to $246,000.

Whether you are buying or selling in GRINNELL, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 11,827  ·  Density: 25.1/mi²  ·  Median household income: $61,467

Typical home value: $188,425  ·  Homeownership: 69.3%

Market Overview

Active Listings
64
⇧ 23.1% vs 52 last year
Pending
20
31% pending ratio
Median Price
$246,000
⇧ 4.2% vs $236,000 last year
Average Price
$253,114
⇧ 5.4% vs $240,085 last year
Days on Market
63
⇩ 14.9% vs 74 days last year

Price Per Square Foot

Median $/sqft
$138
⇧ 10.4% vs $125/sqft last year
Median Home Size
1,668 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 64 this year vs 52 last year
  • Days on market: 63 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $246,000 (+4.2% YoY)
  • Average: $253,114 (+5.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.8 miles — 341 listings ($104,443,223 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50112Grinnell, IA 501120.0 mi57$13,328,196$229,200$233,828
50106Gilman, IA 5010611.4 mi4$935,832$242,975$233,958
50242Searsboro, IA 5024211.7 mi2$379,900$189,950$189,950
52211Brooklyn, IA 5221113.8 mi22$5,427,972$191,250$246,726
52339Tama, IA 5233914.9 mi13$2,463,188$188,000$189,476
50208Newton, IA 5020816.7 mi142$37,312,062$207,875$262,761
50120Haverhill, IA 5012019.6 mi1$379,900$379,900$379,900
52215Chelsea, IA 5221520.3 mi5$2,235,065$338,975$447,013
50207New Sharon, IA 5020721.0 mi9$2,841,120$315,000$315,680
52347Victor, IA 5234722.2 mi8$1,159,848$130,975$144,981
50162Melbourne, IA 5016222.5 mi3$622,275$207,425$207,425
50219Pella, IA 5021923.4 mi70$36,314,740$494,900$518,782
50632Garwin, IA 5063223.8 mi5$1,043,125$192,500$208,625

Frequently Asked Questions

How many homes are for sale in GRINNELL, IA 50112?

As of March 2026, there are 64 active listings in GRINNELL, IA (zip code 50112), compared to 52 the prior year.

What is the median home price in GRINNELL, IA 50112?

The median listing price in GRINNELL, IA 50112 is $246,000 as of March 2026, a 4.2% increase from $236,000 the prior year.

How long do homes stay on the market in GRINNELL, IA?

Homes in GRINNELL, IA 50112 spend an average of 63 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in GRINNELL, IA 50112?

Based on current inventory and days-on-market data as of March 2026, GRINNELL, IA 50112 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 63 days on market compared to 74 days last year.

How much can I save on real estate commission in GRINNELL, IA?

With SELL123.com's maximum 3% commission, sellers in GRINNELL, IA 50112 save an estimated $4,920 compared to a typical 5% commission on the median listing price of $246,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.