Is Grundy Center, IA 50638 a buyer’s or seller’s market?
Grundy Center is a buyer’s market. With about 10.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Grundy Center housing market right now
In the three months ending August 31, 2026, 29% of homes in Grundy Center, IA 50638 sold above their list price, the typical home went under contract in 9 days and there were 10.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (52 days then) and the median sale price fell 6% to $210,409. Overall, Grundy Center is more competitive than a year ago, so tougher for buyers.
Within Grundy County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Wellsburg 50680 (0% sold over asking) or Holland 50642 (0% sold over asking), while Conrad 50621 (67% sold over asking) is even more competitive.
Run the numbers for 50638
Nearby markets
Conrad 50621 $106 /sq ftDike 50624 $156 /sq ftHolland 50642Seller’s market $150 /sq ftMorrison 50657 — /sq ft Browse all markets →Towns like Grundy Center nearby
Find towns like Grundy Center in other states →Where Grundy Center is
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Questions about Grundy Center real estate
Is Grundy Center a buyer’s or seller’s market?
A buyer’s market: there were 10.5 months of supply in Grundy Center, IA 50638 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Grundy Center?
The typical home went under contract in 9 days in the latest three months.
Do homes in Grundy Center sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Grundy Center?
About 1.14% of a home’s value a year in Grundy County, or roughly $4,560 on a $400,000 home.
What is the median home price in Grundy Center?
The median sale price was $210,409 in the three months ending August 31, 2026, about $135 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology