The story of this market
The typical home in Grundy County, Iowa sells for about $222,284, or $139 per square foot.
Prices are up +2.43% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. Over the long run, values in this county have grown 130% since 2000. The biggest natural hazard here is drought, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,096 a month.
HUD sets the fair market rent for a 2-bedroom at $1,096 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
+0.4%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+16.3%). Worst: 2018 (-3.5%). Hover to read a year.
Monthly price momentum
Home values since 2015
+1.5%
IA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,401
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+0.4%
2025 change
FHFA repeat-sales index, median of 4 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
66
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $9,521,323.
Mortgage activity
Home lending in this county
84.4%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 613 | 408 | 87.8% | 3.7% | $150,000 |
| 2019 | 667▲ | 426▲ | 84.4% | 9.9%▲ | $140,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Grundy County, Iowa
The Grundy County housing market is characterized by steady, modest price appreciation and low inventory levels. Demand remains consistent with local income levels, resulting in a stable market environment with limited speculative activity.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 4 cities · 4 ZIP reports
Median prices moved down 0.8% year over year.
Homes spend a median of 19 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 95.06% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 6.8% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 4 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Grundy County, Iowa — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 27
researched Sep 27
researched Sep 27
researched Sep 27
| 50638 | Grundy Center | $166,151 | $117 | -5.1% | 103 | 100% | — | 1 | 8 | $850 | researched Sep 27 |
| 50665 | Parkersburg | $249,900 | $135 | +2.5% | 45 | 98.2% | 15% | 4.8 | 19 | $846 | researched Sep 27 |
| 50669 | Reinbeck | $165,300 | $105 | +3.2% | 88 | 97.5% | 15% | 4.2 | 12 | $914 | researched Sep 27 |
| 50680 | Wellsburg | $166,174 | $108 | -0.8% | 18 | 95% | — | — | 55 | $584 | researched Sep 27 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county is served by several local school districts, with educational quality generally characterized as stable and community-focused within the rural Iowa context.
The region faces standard Midwestern weather risks, including wind and occasional flooding, with insurance markets remaining consistent with broader Iowa trends.
Economic momentum is driven by the agricultural sector and local utility cooperatives, with steady but modest development activity focused on residential and infrastructure maintenance.
Property taxes are assessed by the county based on local millage rates, which include levies for schools, county services, and special districts; exemptions are available for homesteads and military veterans.
The area features rural parks, local community centers, and access to regional outdoor recreation typical of the Iowa landscape.
Residential permit activity remains low and steady, with 20 permits issued in 2025.
The rental market is characterized by limited inventory and stable demand, primarily serving local workers and small-town residents.
The economy is anchored by agriculture and local utility services, with the Grundy County Rural Electric Cooperative serving as a key economic entity.
The county is served by U.S. Highway 20 and several state highways, facilitating regional connectivity.
Development is primarily focused on small-scale residential and infrastructure improvements.
The county assessor manages property valuations based on state-mandated assessment cycles.
Parcels are subject to various taxing districts including school, county, and utility-specific districts.
Property insurance premiums are influenced by regional weather patterns and standard risk assessments for the Midwest.
Iowa is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a residential property disclosure statement regarding the condition of the property.
- Lost Island Waterpark4.527.7 mi
- Lost Island Themepark4.528.2 mi
- Get Air Trampoline Park4.323.7 mi
- Palmer's Family Fun4.725.9 mi
- Chuck E. Cheese4.222.5 mi
- UNI-Dome4.520.6 mi
- Young Arena4.726.5 mi
- McLeod Center4.720.6 mi
- Starbeck's Smokehouse4.426.3 mi
- Waterloo Convention Center4.326.7 mi
- Pine Lake State Park4.512 mi
- Matchstick Marvels4.918.7 mi
- Prairie Bridges Park4.613.5 mi
- Center Theatre4.86.7 mi
- SKYKONE ICE CREAM4.613 mi
- John Deere Tractor & Engine Museum4.826.1 mi
- Matchstick Marvels4.918.7 mi
- Sullivan Brothers Iowa Veterans Museum & Grout Museum of History & Science4.726.5 mi
- Iowa Falls Swinging Bridge4.621.9 mi
- Waterloo Center for the Arts4.526.6 mi
- Pine Lake State Park4.512 mi
- Hy-Vee Grocery Store4.413.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
The central administrative hub located in Grundy Center.
Various community parks providing green space and recreational facilities.
Data retrieved from U.S. Census Bureau QuickFacts.
Iowa generally requires judicial foreclosure proceedings. Borrowers are entitled to a notice of right to cure default prior to the initiation of foreclosure actions. Redemption rights exist post-sale unless specific statutory exceptions (such as foreclosure without redemption for nonagricultural land) are met.
Iowa Code Chapter 654
applies when — Property must be occupied as the owner's homestead
Provides legal protections for the homestead property, including specific exemptions from judicial sale for debts, as defined under state law.
Iowa Code Chapter 561
The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
Iowa Code Chapter 441; Iowa Department of Revenue Property Tax Overview
≈ $6,669/yr on a $222,284 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.