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Featured local agent — University Park, IA
Sarah Mitchell
Compass Real Estate · University Park, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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University Park, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$155,000median sale price
How is the University Park, IA housing market right now?
The median home sale price in University Park, IA is $155,000, down 3.1% year-over-year. Homes sell in an average of 31 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of December 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is University Park a buyer's or seller's market?
University Park, IA is currently a seller's market, based on 1.0 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
31
Average pace
Active listings
1
1.0 months supply
Sale-to-list
93.9%
Below asking
What does the University Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $155,000 |
| Year-over-year price change | -3.1% |
| Average days on market | 31 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 93.9% |
| Median price per sq ft | $158/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in University Park by property type?
How the University Park, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $155,000 | $158/sq ft | 1 | 31 days |
Source: Redfin · Updated monthly
The University Park housing market is currently classified as a seller's market with a median sale price of $155,000. Prices have fallen 3.1% compared to last year, with homes spending an average of 31 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.4x provides context for how home values compare to local earning capacity.
Homes for sale in University Park
There are currently 1 homes listed for sale in University Park, Iowa.
Active listings
1
Homes on market
Avg. days on market
31
Days until sale
Who lives in University Park?
Population
704
Median income
$65,815/yr
Median age
25.9 years
Owner-occupied
57.7%
College grads
19.3%
Avg commute
15.6 min
Source: U.S. Census Bureau ACS
What are homes worth in University Park?
Zillow home value
$159,114
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in University Park?
University Park is a community of approximately 1K residents with a median age of 25.9 years.The median household income is $65,815, which represents a working-class community with solid middle-income opportunities. 19.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.7%, showing a blend of owner and renter-occupied properties. The average commute time is 15.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, University Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near University Park, IA?
Want a head-to-head view? Compare University Park side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in University Park?
The median home sale price in University Park is $155,000, down 3.1% from last year.
How long do homes stay on market in University Park?
Homes typically spend 31 days on market before going under contract.
What is the median income in University Park?
The median household income is $65,815 per year.
Is University Park a buyer's or seller's market?
With 1.0 months of supply, University Park is currently a seller's market.
What is the Zillow home value estimate for University Park?
The Zillow Home Value Index (ZHVI) for University Park is $159,114, representing the typical home value in the area.
How much does a single-family home cost in University Park?
The median single-family home price in University Park, IA is $155,000 (about $158 per square foot).
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