Zip 50112 (Grinnell, IA) Housing

The housing market in 50112 Grinnell, IA is thriving. The median value of houses in the area is $196,900, which, while lower than the US median of $338,100, has seen an impressive appreciation rate of 10.80% over the past year. This is higher than the national average of 8.27%, showing that Grinnell's housing market is growing at a faster pace than much of the country. With continuing economic growth and increasing demand for housing in this area, it's likely that these values will continue to climb in the coming years.

The median home cost in Grinnell (zip 50112) is $196,900. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Grinnell (zip 50112) is up 16.4%.

Average Age of Homes

- The median age of Grinnell (zip 50112) real estate is 52 years old

The Rental Market in Grinnell (zip 50112)

- Renters make up 30.9% of the Grinnell (zip 50112) population
- 0.7% of houses and apartments in Grinnell (zip 50112), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Grinnell, Iowa	United States
	4,997.0	139,647,020.0
	51	42
	$196,900	$338,100
	16.4%	16.6%
	42.3%	57.0%
	65.5%	101.1%
	$14.89	$10.98
	$2,437	$2,690
	61.5%	57.4%
	4.3%	11.2%
	34.2%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.6%	0.4%
	0.5%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	1.1%	2.4%
	3.9%	2.8%
	4.3%	3.9%
	9.6%	4.5%
	22.2%	11.3%
	19.9%	13.0%
	24.0%	20.1%
	8.9%	13.6%
	1.1%	8.3%
	1.6%	9.7%
	0.8%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.4%	13.6%
	7.4%	13.6%
	7.8%	13.6%
	12.8%	13.2%
	17.5%	14.8%
	7.8%	13.6%
	10.6%	10.0%
	3.8%	4.7%
	26.8%	12.2%

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