Grundy County, Iowa home prices
Typical home $218,375 · +2.0% in a year · property tax 1.14%
The typical home in Grundy County is worth $218,375, 8% less than the Iowa typical home ($236,623). Values changed +2.0% in the past year and +33.3% over five years. Homeowners here pay a median 1.14% of their home's value in property tax each year ($2,497 on the typical home), versus 1.27% statewide.
Mortgage on the typical Grundy County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $43,675 | $174,700 | $1,175 | $0 | $317 | $1,492 | $64,000 |
| 10% down | $21,838 | $196,538 | $1,322 | $82 | $317 | $1,721 | $73,800 |
| 5% down | $10,919 | $207,456 | $1,396 | $86 | $317 | $1,799 | $77,100 |
| 3.5% down (FHA) | $7,643 | $214,420 | $1,442 | $97 | $317 | $1,856 | $79,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.14% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Iowa · part of the Waterloo metro area.
Iowa counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Chickasaw County | $216,973 | +5.1% | 1.02% |
| Buchanan County | $215,302 | +4.7% | 1.36% |
| Mitchell County | $213,898 | +4.1% | 1.1% |
| Poweshiek County | $223,287 | +7.8% | 1.22% |
| Harrison County | $223,581 | +4.6% | 1.32% |
| Shelby County | $212,688 | +4.2% | 1.28% |
| Carroll County | $212,289 | +6.1% | 1.09% |
| Jasper County | $229,091 | +4.2% | 1.41% |
| Woodbury County | $207,499 | +2.8% | 1.45% |
| Muscatine County | $205,712 | +5.6% | 1.5% |
Frequently asked questions
What is the average home price in Grundy County, IA?
The typical home value in Grundy County is $218,375 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Grundy County?
About $64,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Grundy County?
The median effective rate is 1.14% of home value a year (Census ACS 2024 5-year estimates).