Iowa City, IA Home Values & Market Trends

Real estate market trends reflect that there have been 751 transactions over the past year in Iowa City. The median value for residential home transactions that occurred over the previous year is $327,338. The number of current listings in Iowa City is 769, and the percentage of properties for sale in the city is 769.00%. Iowa City, IA currently has 10 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 769 properties for sale.

Iowa City, IA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
52245

$ 318,587

$ 230/sqft

52246

$ 353,743

$ 219/sqft

52240

$ 324,500

$ 235/sqft

52242

$ --

$ --

Housing Market Summary for Iowa City, IA

Sep 2025September 2026Change
Median Listing Price$340K$327.5K-3.68%
Median Sold Price$354.6K$319.6K-9.85%
Homes For Sale53873837.17%
Homes Sold213197-7.51%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Iowa City, IA

Iowa City home values range from $70,000 to $1,762,416. The median estimated value of a home in Iowa City is $327,338. The median list price of a home is 327,500, and the total count of properties in the city is 999.

Foreclosure
There are 4 zips within Iowa City, IA; within these zips, the median estimated home value for homes in foreclosure ranges from $646,163 in 52240 to the lowest value of $197,023 in 52240. Foreclosure homes account for 1.00% of properties in Iowa City, IA with 52240 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.60% of all residential properties in Iowa City, IA with 52240 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Iowa City, IA; of those zips, the estimated home value for pre-foreclosure homes ranges from $513,179 in 52246 to the lowest home value of $197,023 in 52240.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Iowa City, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Iowa City, IA. There are 4 zips within Iowa City, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    52240 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Iowa City, IA. Auction homes and other auction properties account for 0.40% of all properties in Iowa City, IA. There are 4 zips within Iowa City, IA; of those zips, the median estimated home value for homes going to auction ranges from $269,593 in 52246 to the lowest value of $247,129 in 52246.
Homes for Sale
Homes and properties that are actively listed for sale account for 76.98% of residential properties in Iowa City, IA with 52245 containing 275 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Iowa City, IA; homes for sale in those zips, have a range of median values from $1,762,416 in 52240 to the lowest value of $70,000 in 52246.
    Sold Homes
    The median value for recently sold homes ranges from $1,120,711 in 52240 to the lowest price of $87,300 in 52240. There are 4 zips within Iowa City, IA. 52240 has 79 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 21.02% of properties in Iowa City, IA.

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      Guide for Iowa City, IA

      Foreclosure
      Iowa Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.