Iowa City, IA Housing Market & Real Estate

Leaning buyer's+9.2% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Iowa City, IA is $298,000, up 9.2% year-over-year. Homes sell in an average of 110 days with 216 active listings. The market is currently a leaning buyer's.

$298,000median sale price

Is Iowa City a buyer's or seller's market?

Leaning buyer's4.2 months of supply110 avg. days on market

Iowa City, IA is currently a leaning buyer's, based on 4.2 months of supply and homes selling in about 110 days. How we determine this →

Homes sold

51

Last 12 weeks

Days on market

110

Average pace

Active listings

216

4.2 months supply

Sale-to-list

98.3%

Below asking

Iowa City, IA market data

Current housing market statistics for Iowa City, IA
MetricValue
Median sale price$298,000
Median list price$315,000
Year-over-year price change+9.2%
Average days on market110 days
Active inventory216 listings
Months of supply4.2 months
Sale-to-list price ratio98.3%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Iowa City housing market is currently classified as a leaning buyer's with a median sale price of $298,000. Prices have risen 9.2% compared to last year, with homes spending an average of 110 days on market, indicating 4.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Iowa City

There are currently 216 homes listed for sale in Iowa City, Iowa. The median listing price is $315K.

Active listings

216

Homes on market

Median list price

$315K

Avg. days on market

110

Days until sale

New this week

105

Newly listed

Price drops:13.4%of listings
Sale-to-list:98.3%

Top public schools in Iowa City

17 schools tracked · 8,448 students

The largest public schools serving Iowa City, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Iowa City High School

Grades 9-12 · 1,606 students

Public

West Senior High School

Grades 9-12 · 1,472 students

Public

Southeast Junior High School

Grades 7-8 · 853 students

Public

Weber Elementary

Grades K-6 · 542 students

Public

Herbert Hoover Elementary School

Grades PK-6 · 515 students

Public

Ernest Horn Elementary School

Grades PK-6 · 430 students

Public

Grant Wood Elementary School

Grades PK-6 · 391 students

Public

Helen Lemme Elementary School

Grades PK-6 · 371 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Iowa City?

The median home sale price in Iowa City is $298,000, up 9.2% from last year.

How long do homes stay on market in Iowa City?

Homes typically spend 110 days on market before going under contract.

Is Iowa City a buyer's or seller's market?

With 4.2 months of supply, Iowa City is currently a leaning buyer's.

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