227 Gray Ave, Ames, IA 50014
OFF MARKET

$981,700

Trulia Estimate
  • Studio

227 Gray Ave, Ames, IA 50014

South Campus Area
Est. Refi. Payment $6,200/mo*
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Home Value

Trulia Estimate
$982K
Since last month
Decreased$63K (-6.3%)
Since last year
Decreased$127K (-11.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +29% in the last 10 years
MonthEstimated value
2026
August 2026$940K
August 2026$930K
July 2026$1M
June 2026$923K
May 2026$889K
April 2026$1.02M
March 2026$993K
February 2026$1.13M
January 2026$1.02M
2025
2024
2023
2022
2021
2020
2019
2018

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.19
Single-Family Home
$515,000
12/16/25
4
2.5
2,488
0.11
Single-Family Home
$329,000
07/01/26
3
2
1,500
0.26
Single-Family Home
$735,000
07/02/26
3
4
2,708
0.33
Single-Family Home
$425,000
05/20/26
3
1.5
1,801
0.30
Single-Family Home
$392,000
09/26/25
2
3
1,281
0.24
Single-Family Home
$425,000
06/09/26
3
3
1,717
0.32
Single-Family Home
$265,000
06/15/26
2
2
1,180
0.26
Single-Family Home
$390,000
12/12/25
3
1.5
1,709
0.45
Single-Family Home
$808,500
10/23/25
6
5
2,722

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.10
$479,800
3
3
2,170
Off Market
0.11
$329,000
3
2
1,500
Recently Sold
0.16
$769,000
4
2.5
1,924
For Sale
0.18
$351,200
3
1
1,330
Off Market
0.19
$515,000
4
2.5
2,488
Recently Sold
0.23
$553,400
4
2.5
2,972
Off Market
0.25
$330,900
3
2
1,730
Off Market
0.25
$269,100
3
1.5
1,991
Off Market
0.24
$425,000
3
3
1,717
Recently Sold
0.26
$390,000
3
1.5
1,709
Recently Sold
0.26
$735,000
3
4
2,708
Recently Sold

Local Information

  • Map ViewExplore the area around 227 Gray Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1927
Lot Size
0.57 acres

About this House

This single-family home is located at 227 Gray Ave, Ames, IA. 227 Gray Ave is in the South Campus Area neighborhood in Ames, IA and in ZIP code 50014. This property has a lot size of 0.57 acres and was built in 1927.
227 Gray Ave, Ames, IA 50014 is a studio single-family home in South Campus Area, built in 1927. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $981,700, with a rent estimate of $1,754/month.

Home Details for 227 Gray Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Hardwood, Linoleum Vinyl

Property Information

Year Built
Year Built: 1927
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
DeckExterior: Brick

Lot Information

Lot Area: 0.57 acres

Price and Tax history

YearProperty taxTax assessment
2025
$19,662
$1,353,800
Home facts updated by county records

Market trends in Ames

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$323K
$8.67K
MoM
Sale-to-List Price
99.7%
0.7%
MoM
Price per sq ft
$215
$6
MoM
Available listings
177
4
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about South Campus Area

At least 3 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to restaurants

  • 88 % Say there are sidewalks

  • 80 % Say people would walk alone at night

  • 71 % Say car is needed

  • 67 % Say streets are well-lit

  • 67 % Say there's holiday spirit

  • 60 % Say there's wildlife

  • 60 % Say yards are well-kept

  • 56 % Say kids play outside

  • 55 % Say it's quiet

  • 49 % Say neighbors are friendly

  • 44 % Say parking is easy

  • 38 % Say there are community events

  • 29 % Say it's walkable to grocery stores

  • 10 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Brandon.b7364
    "I’ve lived here for 2 years. It’s ISU owned housing so we have most amenities. It’s near Greek housing so there is a large party scene on the weekends. It’s also near Lincoln Way so it can be loud."
  • Laryssa M.
    "Its nice to live close to campus but it would be better if it had some grocery store near by. It feels safe and I like that the bars are right across the street!"
  • Jasturm50
    "This neighborhood has homes that are a 12 minute walk from Iowa State University campus, and that have a 3-mile cross country course directly behind them. It is a safe neighborhood on a bus route. Campus town shops and restaurants are a 5 minute walk. While students live in campus town as well, one becomes aware of them only on a few weekend evenings a year. "

LGBTQ Local Legal Protections

Frequently asked questions about 227 Gray Ave

  • What is 227 Gray Ave estimated to be worth?
    Trulia's estimated value for 227 Gray Ave in Ames, IA is $981,700.
  • Is Ames a buyer's or seller's market?
    Ames is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Ames?
    The median sale price in Ames is $323K. That is up $8.67K from the prior month.
  • What are the closest schools to 227 Gray Ave?
    The closest schools to 227 Gray Ave in Ames, IA are Ames High School (rated 7/10), Ames Middle School (rated 6/10), Edwards Elementary School (rated 6/10).
  • How big is the lot at 227 Gray Ave?
    The lot at 227 Gray Ave in Ames, IA is about 0.57 acres (24,742 sq ft).

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