Market Overview
Home Prices in Grundy Center, IA
The median home value in Grundy Center, IA is $200,660 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.3% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grundy Center are priced51% below average. Grundy Center is part of the Waterloo-Cedar Falls, IA metro area.
Over the past five years, Grundy Center home values have risen by approximately25.8%, reflecting strong long-term appreciation in this market.
Price History
Grundy Center Home Price Trend
City Comparison
Grundy Center vs. National Median
At $200,660, homes in Grundy Center cost 51% below the national median of $410,000. This makes Grundy Center a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grundy Center?
20% Down Payment
$40,132
on $200,660
Monthly P&I
$1,047/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,330/mo
incl. taxes & insurance
Income Needed
$53,200
gross annual (30% rule)
10% Down Option
$20,066
+ PMI applies
Loan Amount (20% dn)
$160,528
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 Grundy Center, IA?
The median home value in Grundy Center is $200,660 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.3% year-over-year.
How much have home prices changed in Grundy Center?
Over the past year, home values in Grundy Center have increased by 0.3%. Over five years, prices have risen approximately 25.8%.
How much do I need to earn to buy a home in Grundy Center?
To comfortably afford the median home price of $200,660 with a 20% down payment ($40,132) at today's rates (6.8%), you'd need a gross annual income of approximately $53,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Grundy Center compare to the national average home price?
The national median home value is approximately $410,000. At $200,660, homes in Grundy Center are 51% below the national average.
What metro area is Grundy Center part of?
Grundy Center is part of the Waterloo-Cedar Falls, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.