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GRINNELL, IA 50112

Real Estate Market Report  ·  Poweshiek County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
51
⇧ 13.3% vs 45 last year
Pending
9
18% pending ratio
Median Price
$220,000
⇩ 4.3% vs $229,900 last year
Average Price
$234,736
⇩ 4.7% vs $246,359 last year
Days on Market
89
⇩ 6.3% vs 95 days last year

Market Context

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

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

Market Analysis

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

The GRINNELL, IA real estate market (50112) currently shows 51 active listings, with 9 pending sales. Homes are averaging 89 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 89 days on market compared to 95 days last year.

The median listing price has fallen 4.3% year-over-year, from $229,900 to $220,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 51 this year vs 45 last year
  • Days on market: 89 now vs 95 last year

Median & Average Pricing

Year over Year
  • Median: $220,000 (-4.3% YoY)
  • Average: $234,736 (-4.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.4 miles — 314 listings ($93,761,369 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50112Grinnell, IA 501120.0 mi51$11,971,536$220,000$234,736
50135Kellogg, IA 501359.1 mi6$1,314,960$219,000$219,160
50153Lynnville, IA 5015311.6 mi2$249,800$124,900$124,900
50137Killduff, IA 5013713.6 mi1$319,900$319,900$319,900
52211Brooklyn, IA 5221113.8 mi26$5,989,360$199,000$230,360
52339Tama, IA 5233914.9 mi15$2,919,960$190,250$194,664
50208Newton, IA 5020816.7 mi137$36,809,982$218,350$268,686
50232Reasnor, IA 5023217.8 mi1$50,000$50,000$50,000
52215Chelsea, IA 5221520.3 mi3$1,044,300$199,500$348,100
50207New Sharon, IA 5020721.0 mi9$2,592,603$297,000$288,067
52347Victor, IA 5234722.2 mi5$816,900$162,000$163,380
50162Melbourne, IA 5016222.5 mi2$379,900$189,950$189,950
50219Pella, IA 5021923.4 mi56$29,302,168$469,700$523,253

Frequently Asked Questions

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

As of January 2026, there are 51 active listings in GRINNELL, IA (zip code 50112), compared to 45 the prior year.

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

The median listing price in GRINNELL, IA 50112 is $220,000 as of January 2026, a 4.3% decrease from $229,900 the prior year.

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

Homes in GRINNELL, IA 50112 spend an average of 89 days on the market before going under contract, compared to 95 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 January 2026, GRINNELL, IA 50112 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 89 days on market compared to 95 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 $4,400 compared to a typical 5% commission on the median listing price of $220,000. 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.