The story of this market
The typical home in ZIP 50111 sells for about $350,000, or $228 per square foot.
Prices are down 2.6% from a year ago, which gives buyers more room to negotiate. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,251 a month.
ZIP 50111 — Brooklyn
The housing market in 50111 remains balanced with steady demand, though year-over-year prices have seen a slight correction. Inventory levels are sufficient to support current sales volume, and the area continues to benefit from strong economic growth in the Des Moines metro.
This ZIP is ideal for families and commuters seeking a suburban lifestyle with modern amenities, high-quality schools, and convenient access to the Des Moines metro area.
Median prices moved down 2.6% year over year.
Homes spend a median of 55 days on market with 4.2 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.9% · poverty 4.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 50111, Polk County IA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Grimes are generally lower than the national average and compare favorably to the broader Des Moines metropolitan area.
The area is served by the Dallas Center-Grimes Community School District, which maintains a strong reputation for academic performance and student growth.
The region faces standard Midwestern climate risks, including severe thunderstorms and occasional wind events; flood risk is localized to specific drainage basins.
Grimes is experiencing rapid residential and commercial expansion, driven by its proximity to the Des Moines employment core and significant infrastructure investments in the Highway 141 corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Iowa) — Iowa Property Tax Assessment Limitation: The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
Residents primarily commute via Highway 141 and I-35/80, providing a direct 20-25 minute drive to downtown Des Moines.
The area features extensive trail systems, several community parks, and proximity to regional golf courses and shopping centers in the neighboring suburbs.
The rental market is characterized by moderate vacancy pressure and steady rent growth, supported by a mix of new multi-family developments and single-family investor properties.
The local economy is anchored by a mix of manufacturing, logistics, and professional services, benefiting from the broader Des Moines metro's diverse financial and insurance sectors.
Transportation is heavily reliant on private vehicles, with major highway corridors serving as the primary arteries for regional connectivity.
Significant mixed-use development is underway along the Highway 141 corridor, focusing on expanding retail and office space to serve the growing population.
The Polk County Assessor manages property valuations, utilizing a biennial assessment cycle to reflect market value changes.
Parcels are subject to various special districts, including school, community college, and emergency service districts that fund local infrastructure and public services.
Property insurance premiums are stable but reflect regional exposure to severe weather events, including wind and hail damage common in central Iowa.
Iowa continues to see modest net domestic migration, with the Des Moines metro area serving as the primary destination for new residents.
Iowa is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically provides a longer timeline for homeowners.
Sellers are required to provide a comprehensive property disclosure statement detailing the condition of the home and any known material defects.
Data retrieved from data.census.gov for ZCTA 50111.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Adventureland Park4.315.5 mi
- Spare Time Des Moines4.28.1 mi
- Urban Air Trampoline and Adventure Park4.210.2 mi
- Sky Zone Trampoline Park4.31.1 mi
- B&B Theatres Ankeny 12 & B-Roll Bowling4.59.2 mi
- Iowa State Fairgrounds4.614 mi
- Adventureland Park4.315.5 mi
- Casey's Center4.511.1 mi
- Iowa Events Center4.511.1 mi
- Greater Des Moines Botanical Garden4.711.2 mi
- Iowa State Capitol4.811.9 mi
- Greater Des Moines Botanical Garden4.711.2 mi
- The Palms Theatres & IMAX4.76.1 mi
- Science Center of Iowa4.411.5 mi
- Pappajohn Sculpture Park4.610.9 mi
- Iowa State Capitol4.811.9 mi
- Science Center of Iowa4.411.5 mi
- Pappajohn Sculpture Park4.610.9 mi
- Des Moines Art Center4.69.3 mi
- Hoyt Sherman Place4.810.6 mi
- Greater Des Moines Botanical Garden4.711.2 mi
- Raccoon River Park4.79.9 mi
- Prairie Ridge Sports Complex4.510 mi
- Waukee Triumph Park4.66.3 mi
- ARL Animal Rescue League of Iowa4.311.1 mi
- Captain Roy's4.610.9 mi
- Saylorville Lake Marina4.76.6 mi
- Big Creek Marina4.69.6 mi
- Jester Park4.76.5 mi
- Jester Park Golf Course4.46.2 mi
- Beaver Creek Golf Club3.92.6 mi
- Tournament Club of Iowa4.47.4 mi
- Woodland Hills Golf Course4.89.5 mi
- Jordan Creek Town Center4.58.2 mi
- Merle Hay Mall46.3 mi
- Fleet Farm4.68.4 mi
- Hy-Vee Grocery Store4.311.4 mi
- Hy-Vee Grocery Store4.25.8 mi
- Des Moines International Airport4.312.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional hub for youth and adult sports leagues.
Provides scenic trails and green space for local residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.