Iowa City, IA Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $298,000 |
| Median list price | $315,000 |
| Year-over-year price change | +9.2% |
| Average days on market | 110 days |
| Active inventory | 216 listings |
| Months of supply | 4.2 months |
| Sale-to-list price ratio | 98.3% |
| Market condition | Leaning 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
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
West Senior High School
Grades 9-12 · 1,472 students
Southeast Junior High School
Grades 7-8 · 853 students
Weber Elementary
Grades K-6 · 542 students
Herbert Hoover Elementary School
Grades PK-6 · 515 students
Ernest Horn Elementary School
Grades PK-6 · 430 students
Grant Wood Elementary School
Grades PK-6 · 391 students
Helen Lemme Elementary School
Grades PK-6 · 371 students
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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