Market Overview
Home Prices in Grand Mound, IA
The median home value in Grand Mound, IA is $248,166 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.4% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grand Mound are priced39% below average. Grand Mound is part of the Clinton, IA metro area.
Over the past five years, Grand Mound home values have risen by approximately28.4%, reflecting strong long-term appreciation in this market.
Price History
Grand Mound Home Price Trend
City Comparison
Grand Mound vs. National Median
At $248,166, homes in Grand Mound cost 39% below the national median of $410,000. This makes Grand Mound a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grand Mound?
20% Down Payment
$49,633
on $248,166
Monthly P&I
$1,294/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,643/mo
incl. taxes & insurance
Income Needed
$65,720
gross annual (30% rule)
10% Down Option
$24,817
+ PMI applies
Loan Amount (20% dn)
$198,533
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Grand Mound, IA?
The median home value in Grand Mound is $248,166 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.4% year-over-year.
How much have home prices changed in Grand Mound?
Over the past year, home values in Grand Mound have increased by 7.4%. Over five years, prices have risen approximately 28.4%.
How much do I need to earn to buy a home in Grand Mound?
To comfortably afford the median home price of $248,166 with a 20% down payment ($49,633) at today's rates (6.8%), you'd need a gross annual income of approximately $65,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Grand Mound compare to the national average home price?
The national median home value is approximately $410,000. At $248,166, homes in Grand Mound are 39% below the national average.
What metro area is Grand Mound part of?
Grand Mound is part of the Clinton, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.