Photo: PopePompus · CC BY-SA 4.0263 homes sold in Grimes in the last year, at a typical $368K
About one sale in 6 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Grimes homes are listed.
Every place Grimes homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Grimes.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
16% of Grimes’ sales are condos, at $180K less than a house
220 houses and 43 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.
typical sale · 220 sold in 12 months
- Per square foot
- $263IA $158
- Days to sell
- 64
- Sold over asking
- 23%
- Listings with a price cut
- 30%
typical sale · 43 sold in 12 months
- Per square foot
- $165IA $165
- Days to sell
- 49
- Sold over asking
- 5%
- Listings with a price cut
- 30%
Fewer homes sell than before 2021, at 1.6 times the 2016 price
263 sales in the last year, against 449 in 2020 and a low of 235 in 2012. The typical sale went from $237K in 2016 to $368K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Grimes
Check a listing against what Grimes homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Grimes are back to pre-pandemic levels, but half fewer homes come up for sale
We read every month of Grimes’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 263 sales.
If you’re buying in Grimes
- Shop in April. It brings about 43 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
- You can negotiate. 30% of listings have cut their price, against 17% before the pandemic.
- Bid near asking. Buyers paid 99% of the list price on average; 20% paid over.
- You’ll usually have time. Only 27% of homes go under contract within two weeks; the typical one takes 62 days.
Spring brings the homes; fall brings the bidding wars
April has the most new listings (about 43 a month), but September is the most competitive: 37% of September sales close over asking. December has the least competition (22%) but only about 18 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Iowa as a whole
| Grimes now | 2017–19 | 2021 peak | IA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 20% | 24% | 40% | 22% |
| Gone within two weeksShare of homes under contract within 14 days | 27% | 18% | 49% | 36% |
| Listings with a price cutShare of homes for sale that cut their price | 30% | 17% | 13% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99% | 99.4% | 100.5% | 97.7% |
| Days to sellMedian days from listing to contract | 62 | 81 | 30 | 45 |
74 homes for sale on a typical day
That’s 1.2 times the 2022 low (60), 53% fewer than in 2017–19 and well under 2017’s 185.
1 in 3 listings has cut its price
30% in the last year, against 17% in 2017–19 and 27% across Iowa. More sellers are pricing high and coming down.
Since 2019, houses are up 50%, condos 26%
A house typically sold for $400K in the last year (220 sales), a condo for $220K (43).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Grimes ranks 39th of 64 busy Iowa markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Grimes is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Grimes home costs about $2,461 a month
Price: Grimes’ typical sale, last 12 months. Property tax at Grimes’ 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Grimes is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 18.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $368K home, about $6,500 a year.
Taxes vs. neighborsSchools
The schools grade for Grimes, from test results, graduation and how much students grow.
Schools in GrimesCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Urbandale, Johnston, Clive and Windsor Heights sell for less a square foot
The busier markets within 25 miles of Grimes, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Urbandale | 978 | $358K | $221 | 24% | 52 |
| Waukee | 782 | $381K | $240 | 21% | 105 |
| Johnston | 328 | $382K | $221 | 19% | 44 |
| Clive | 291 | $427K | $226 | 14% | 47 |
| Grimes | 263 | $368K | $246 | 20% | 62 |
| Windsor Heights | 81 | $290K | $195 | 26% | 38 |
| Granger | 55 | $324K | $241 | 22% | 80 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Grimes, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Grimes. People who follow the town see it, and so do people comparing Grimes with their own town. No commission, no listing fee.
Questions about buying a home in Grimes
What do homes sell for in Grimes, IA?
263 homes sold in the year to May 2026 at a typical $368K, $246 a square foot. Houses sold for about $400K, condos for about $220K.
Is Grimes a buyer’s or seller’s market?
A seller’s market: 85 homes were for sale in May 2026 and 25 sold, about 3.4 months of supply. Buyers paid 99% of asking on average, and 30% of listings cut their price.
When is the best time to buy in Grimes?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Grimes?
About 1.8% of a home’s value a year. On a $368K home that’s near $6,500.
Where can I see homes for sale in Grimes?
Zillow, Redfin, Realtor.com and Homes.com all carry Grimes’ MLS listings; the search links above open each one filtered to Grimes.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).