Comprehensive market data and analysis• Updated Oct 2026
28.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 3 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 3 | 3 | 3 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 0 | 4 | 7 | 10 |
Acreage buckets
The median price for land in Grinnell, Iowa is currently $105K per acre. For a typical parcel, the median sale price is $414K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $28K while premium lots reached $1.3M.
Grinnell, Iowa is currently a strong buyer's market with 28.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Grinnell, Iowa currently has 28.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 38 active listings in Grinnell, Iowa. 29 new listings have hit the market in the last 90 days. The median asking price is $25K.
Over the past 12 months, Grinnell, Iowa saw 10 properties sold, totaling $5.3M in sales volume. In just the last 3 months, 4 properties changed hands.
Land in Grinnell, Iowa typically sells within 133 days of listing. The median time on market is 56 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Grinnell, Iowa is 3.5% (3-month basis), indicating slow demand. The top-performing broker in this market is RE/MAX Partners Realty, Grinnell.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Grinnell on LandyDandy.
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