Iowa City, IA Housing Market
The Iowa City housing market is not very competitive. The median sale price of a home in Iowa City was $276K last month, down 8.0% since last year. The median sale price per square foot in Iowa City is $160, down 9.6% since last year.
Iowa City Housing Market Trends
In March 2024, Iowa City home prices were down 8.0% compared to last year, selling for a median price of $276K. On average, homes in Iowa City sell after 35 days on the market compared to 56 days last year. There were 47 homes sold in March this year, down from 60 last year.
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How hot is the Iowa City housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 1% below list price and go pending in around 40 days.
- Hot homescan sell for around list price and go pending in around 22 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 55 days.
- Hot homescan sell for around list price and go pending in around 28 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for around list price and go pending in around 30 days.
- Hot homescan sell for about 1% above list price and go pending in around 20 days.
Iowa City Migration & Relocation Trends
Home offer insights for Iowa City
Recent offers
View houses in Iowa City that sold recently
Recently sold homes
- $340,000 Last Sold Price2 beds2 baths878 sq ft332 S Linn St #301, Iowa City, IA 52240List Price$345,000Sale to List1% under listDays on Market45 days332 S Linn St #301, Iowa City, IA 52240
- $306,500 Last Sold Price4 beds1.5 baths1,562 sq ft403 W Benton St, Iowa City, IA 52246List Price$324,000Sale to List5% under listDays on Market66 days403 W Benton St, Iowa City, IA 52246
- $375,000 Last Sold Price4 beds3.5 baths2,382 sq ft51 Ashford Pl, Iowa City, IA 52245List Price$375,000Sale to List0% over listDays on Market45 days51 Ashford Pl, Iowa City, IA 52245
- $178,500 Last Sold Price—beds—baths—sq ft971 Allison Way, Iowa City, IA 52245List Price$178,500Sale to List0% over listDays on Market94 days971 Allison Way, Iowa City, IA 52245
- $317,500 Last Sold Price3 beds3 baths1,864 sq ft2834 Whispering Meadow Dr, Iowa City, IA 52240List Price$319,900Sale to List1% under listDays on Market36 days2834 Whispering Meadow Dr, Iowa City, IA 52240
- $315,000 Last Sold Price2 beds2 baths902 sq ft332 S Linn St #406, Iowa City, IA 52240List Price$325,000Sale to List3% under listDays on Market35 days332 S Linn St #406, Iowa City, IA 52240
- $185,000 Last Sold Price—beds—baths—sq ftPine Grove Ln, Lot 2, Iowa City, IA 52245List Price$360,000Sale to List49% under listDays on Market388 daysPine Grove Ln, Lot 2, Iowa City, IA 52245
- $382,000 Last Sold Price3 beds2 baths1,483 sq ft514 Oakland Ave, Iowa City, IA 52240List Price$360,000Sale to List6% over listDays on Market40 days514 Oakland Ave, Iowa City, IA 52240
See all recently sold homes in Iowa City.
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Schools in Iowa City
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Norman Borlaug Elementary School Public • PreK-6 | 540 Students | 2 reviews |
7/10 Bohumil Shimek Elementary School Public • PreK-6 | 229 Students | 8 reviews |
7/10 Lincoln Elementary School Public • K-6 | 214 Students | 9 reviews |
6/10 Helen Lemme Elementary School Public • K-6 | 395 Students | 7 reviews |
6/10 Horace Mann Elementary School Public • PreK-6 | 222 Students | 9 reviews |
Climate's impact on Iowa City housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Iowa City.
Flood Factor - Major
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Iowa City
Walk Score®
Bike Score®
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