Market Overview
Home Prices in Grinnell, KS
The median home value in Grinnell, KS is $154,532 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and down 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grinnell are priced62% below average.
Over the past five years, Grinnell home values have risen by approximately13.9%, reflecting steady appreciation in this market.
Price History
Grinnell Home Price Trend
2020
$128,019
$128K
—
2021
$135,666
$136K
+6.0%
2022
$158,104
$158K
+16.5%
2023
$150,992
$151K
-4.5%
2024
$156,420
$156K
+3.6%
2025
$152,691
$153K
-2.4%
2026
$154,532
$155K
+1.2%
City Comparison
Grinnell vs. National Median
🏠 Grinnell
$154,532
National Median
$410,000
At $154,532, homes in Grinnell cost 62% below the national median of $410,000. This makes Grinnell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grinnell?
20% Down Payment
$30,906
on $154,532
Monthly P&I
$806/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,024/mo
incl. taxes & insurance
Income Needed
$40,960
gross annual (30% rule)
10% Down Option
$15,453
+ PMI applies
Loan Amount (20% dn)
$123,626
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 Grinnell, KS?
The median home value in Grinnell is $154,532 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Grinnell?
Over the past year, home values in Grinnell have increased by 1.2%. Over five years, prices have risen approximately 13.9%.
How much do I need to earn to buy a home in Grinnell?
To comfortably afford the median home price of $154,532 with a 20% down payment ($30,906) at today's rates (6.8%), you'd need a gross annual income of approximately $40,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Grinnell compare to the national average home price?
The national median home value is approximately $410,000. At $154,532, homes in Grinnell are 62% below the national average.