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Home values, rents and more in ZIP code 50638 (Grundy Center, IA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$196,000
Metro: $198,000 · U.S.: $366,000
Home values, past year
0.0%
Metro: +0.9% · U.S.: +1.2%
Population
3,441
ACS 2020–24
Median household income
$85,223
Metro: $70,811 · U.S.: $80,734
ZIP codes around 50638, shaded by typical home value50638506695063550627506215061350680506245025850672506095064250148
  • Under $170k
  • $170k–$180k
  • $180k–$190k
  • $190k–$230k
  • $230k+
  • No data
ZIP codes around 50638, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 50638 is outlined.

How 50638 compares

The typical home in ZIP code 50638 (Grundy Center, IA) is worth about $196,000, according to the Zillow Home Value Index for September 2026. Home values in 50638 are about the same as the typical value in the Waterloo metro area ($198,000) and 47% below the U.S. typical value ($366,000).

Over the past year, home values in 50638 were flat, compared with +0.9% in the Waterloo metro area and +1.2% nationally.

The median household income is $85,223, against $70,811 in the Waterloo metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 3,441 people live in 50638 (American Community Survey 2020–24).

50638 has the 8th-lowest typical home value of the 26 ZIP codes in the Waterloo metro area and the 356th-lowest of 824 in Iowa with Zillow figures.

Part of: Grundy Center, IA · Grundy County, IA · Waterloo metro area · Iowa

More for 50638 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 50638 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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