In October 2017, there were 67 homes sold, with a median sale price of $215,000 - a 3.6% increase over the $207,450 median sale price for the same period of the previous year. There were 60 homes sold in Grimes in October 2016.
The median sales tax in Grimes for 2017 was $3,744. In 2016, the median sales tax was $3,346. This marks an increase of 11.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.
The following table compares Grimes to other Polk County cities with similar median sales prices in October 2017:
| City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Pleasant Hill | 29 | 25 | 16% | $242,000 | $200,000 | 21% |
| Ankeny | 205 | 215 | -4.7% | $231,400 | $205,000 | 12.9% |
| Johnston | 35 | 44 | -20.5% | $227,000 | $227,500 | -0.2% |
| West Des Moines | 69 | 88 | -21.6% | $225,000 | $189,000 | 19% |
| Clive | 20 | 16 | 25% | $219,450 | $213,560 | 2.8% |
| Grimes | 67 | 60 | 11.7% | $215,000 | $207,450 | 3.6% |
| Bondurant | 30 | 24 | 25% | $212,500 | $207,500 | 2.4% |
| Altoona | 47 | 49 | -4.1% | $205,900 | $192,500 | 7% |
| Urbandale | 69 | 74 | -6.8% | $190,000 | $175,000 | 8.6% |
| Windsor Heights | 11 | 12 | -8.3% | $169,900 | $151,250 | 12.3% |
| Mitchellville | 6 | 5 | 20% | $155,000 | $119,900 | 29.3% |
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