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Grimes, IA 50111 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Grimes, IA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 6464PendingPending sales: 44
Grimes, IA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $367k$367kSoldMedian sold price (last 6 months): $351k$351k
What homes actually sell for in Grimes, IA
Distribution of 240 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $285k to $439k
$180k to $247k: 33 sales$180k$247k to $315k: 40 sales$315k to $382k: 66 sales66sales$315k$382k to $450k: 32 sales$450k to $517k: 12 sales$450k$517k to $585k: 14 sales$585k to $652k: 14 sales$585k$652k to $720k: 5 salesMedian $351k

What the numbers say

As of October 5, 2026, Resideline is tracking 64 active listings and 4 pending sales in ZIP code 50111. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $367,445, while the median of the 240 closed sales Resideline tracked over the last six months was $351,080. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 50111 for 72 days.

Frequently asked questions

What is the median home price in 50111?

The median closed sale price in Grimes, IA 50111 was $351,080 over the last six months, based on 240 closed sales tracked by Resideline. The middle half of those sales ranged from $285,000 to $439,000.

Is 50111 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 64 active listings in 50111, a pending-to-active ratio of 0.06. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 50111 currently looks like a balanced market.

Nearby ZIP code market data

Full Grimes, IA housing market report →

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