A typical Granger home is worth about $383,000
Up 1.1% in a year, 60% above the Iowa typical home. Homes typically sell in 77 days, close to asking.
What kind of housing town is Granger?
Read from the numbers below. The page puts what stands out first.
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
A typical home costs 3.4 years of income
About the same as across Iowa. Try your own numbers below.
That covers a typical Granger home, with $16K to spare.
A two-bedroom rents for about $1,220 a month here, $1,290 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Granger’s typical property tax (1.57% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
17 new homes permitted in 2025
Builders were permitted 17 new homes in Granger in 2025, all single-family houses, worth about $4.7 million to build. That's 8.6 per 1,000 residents, faster than across Iowa (4.7). Over the past 10 years, Granger has permitted 300 homes in all.
Between the 2010 and 2020 censuses, Granger gained 410 residents while 162 new homes were permitted: about 2.5 new residents per new home. Building and growth moved roughly in step. Across Iowa: 1.3 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 26 | 26 | 0 | $7.9 million |
| 2025 | 17 | 17 | 0 | $4.7 million |
| 2024 | 23 | 23 | 0 | $6.5 million |
| 2023 | 19 | 19 | 0 | $5.4 million |
| 2022 | 25 | 25 | 0 | $6.4 million |
| 2021 | 52 | 52 | 0 | $12 million |
| 2020 | 68 | 68 | 0 | $16.8 million |
| 2019 | 44 | 44 | 0 | $10.9 million |
| 2018 | 22 | 22 | 0 | $4.9 million |
| 2017 | 14 | 14 | 0 | $3.8 million |
| 2016 | 16 | 16 | 0 | $4.2 million |
| 2015 | 11 | 11 | 0 | $2.4 million |
| 2014 | 6 | 6 | 0 | $1.2 million |
| 2013 | 16 | 16 | 0 | $3.1 million |
| 2012 | 8 | 8 | 0 | $1.5 million |
| 2011 | 9 | 9 | 0 | $1.6 million |
| 2010 | 16 | 16 | 0 | $2.4 million |
| 2009 | 13 | 13 | 0 | $1.9 million |
| 2008 | 8 | 8 | 0 | $1.1 million |
| 2007 | 14 | 14 | 0 | $2 million |
| 2006 | 20 | 20 | 0 | $2.7 million |
| 2005 | 60 | 60 | 0 | $9.2 million |
| 2004 | 57 | 51 | 6 | $6.8 million |
| 2003 | 25 | 13 | 12 | $2.5 million |
| 2002 | 1 | 1 | 0 | $96,000 |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
81% of Granger households own their home
Half of Granger’s homes were built before 2007.
Iowa: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Up 21.2% in five years
Slower than Iowa (26.1%).
Show as a table
| January | Granger | Iowa |
|---|---|---|
| 2017 | $232,000 | $147,000 |
| 2018 | $250,000 | $152,000 |
| 2019 | $265,000 | $159,000 |
| 2020 | $279,000 | $167,000 |
| 2021 | $295,000 | $179,000 |
| 2022 | $328,000 | $195,000 |
| 2023 | $352,000 | $211,000 |
| 2024 | $359,000 | $218,000 |
| 2025 | $374,000 | $228,000 |
| 2026 | $382,000 | $236,000 |
| August 2026 | $383,000 | $240,000 |
A typical Granger home worth $226K in September 2016 is worth about $383K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $1,220
Renters already here pay a median of $843, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Des Moines-West Des Moines, IA HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Neighbors talk housing
What Granger buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.