Why Live in Grant Wood
Grant Wood, located about 3 miles southeast of Downtown Iowa City, is a neighborhood rich in history and green spaces. Named after the artist Grant Wood, the area features Fairmeadows Park at its center, offering a playground, picnic amenities, and a summer splash pad. Nearby Wetherby Park includes hiking trails, sports courts, and a disc golf course, while Whispering Meadows Wetlands provides a serene spot for walking pets and observing wildlife. The Sycamore Trail, starting at Fairmeadows Park, connects residents to over 500 miles of interconnecting trails, leading to attractions like Iowa City Kickers Soccer Park and Terry Trueblood Recreation Area, both 2 miles away. The neighborhood is characterized by sweeping grass lawns, tall trees, and a mix of one-story, raised ranch, and split-level homes built in the 1960s and 1970s. The area also includes The Quarters at Iowa City apartment complex, balancing the number of renters and homeowners. Shopping and dining options are plentiful, with Iowa City Marketplace to the north and various stores and eateries along Mall Drive and South 1st Avenue. U.S. Route 6 borders the neighborhood to the north, providing easy access to the University of Iowa and downtown. Public transit options are limited but free. Students attend the Iowa City Community School District, with Grant Wood Elementary, South East Junior High, and the highly-rated City High School serving the area.
Frequently Asked Questions
Is Grant Wood a good place to live?
Grant Wood is a good place to live. Grant Wood is considered car-dependent and bikeable with some transit options. Grant Wood is a suburban neighborhood. Grant Wood has 1 park for recreational activities. It is somewhat dense in population with 8.6 people per acre and a median age of 30. The average household income is $73,765 which is below the national average. College graduates make up 32.6% of residents. A majority of residents in Grant Wood are home owners, with 45.6% of residents renting and 54.4% of residents owning their home. A
local real estate agent serving Grant Wood can help you decide if this neighborhood is the right one for you. Learn more on our
Grant Wood neighborhood guide.
How much do you need to make to afford a house in Grant Wood?
The median home price in Grant Wood is $209,900. If you put a 20% down payment of $42,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $1,060 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $45K a year to afford the median home price in Grant Wood. The average household income in Grant Wood is $74K.
What are the best public schools in Grant Wood?
The best public schools that serve Grant Wood are:
What are the best private schools in Grant Wood?
The best private schools that serve Grant Wood are:
What are the most popular zip codes in Grant Wood, Iowa City, IA?
What are the most popular neighborhoods near Grant Wood, Iowa City, IA?
Are home prices dropping in Grant Wood?
Yes, home prices in Grant Wood are down 2% in the last 12 months.
Home Trends in Grant Wood, IA
On average, homes in Grant Wood, Iowa City sell after 37 days on the market compared to the national average of 52 days. The median sale price for homes in Grant Wood, Iowa City over the last 12 months is $209,900, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$209,900
Median Single Family Sale Price
$202,450
Median 2 Bedroom Sale Price
$162,500
Average Price Per Sq Ft
$175
Number of Homes for Sale
13
Last 12 months Home Sales
43
Median List Price
$209,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-2%
