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Grimes, IA 50111 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Grimes, IA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 6262PendingPending sales: 55
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): $370k$370kSoldMedian sold price (last 6 months): $353k$353k
What homes actually sell for in Grimes, IA
Distribution of 245 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $285k to $435k
$175k to $234k: 29 sales$175k$234k to $294k: 23 sales$294k to $353k: 57 sales57sales$294k$353k to $412k: 49 sales$412k to $472k: 23 sales$412k$472k to $531k: 13 sales$531k to $591k: 14 sales$531k$591k to $650k: 11 salesMedian $353k

What the numbers say

As of September 14, 2026, Resideline is tracking 62 active listings and 5 pending sales in ZIP code 50111. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $369,945, while the median of the 245 closed sales Resideline tracked over the last six months was $353,425. 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 60 days.

Frequently asked questions

What is the median home price in 50111?

The median closed sale price in Grimes, IA 50111 was $353,425 over the last six months, based on 245 closed sales tracked by Resideline. The middle half of those sales ranged from $285,000 to $435,000.

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

Resideline is currently tracking 5 pending sales against 62 active listings in 50111, a pending-to-active ratio of 0.08. 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

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