Zip 52240 (Iowa City, IA) Housing

Iowa City, IA (52240) has a median home value of $276,200, which is lower than the U.S. median home value of $338,100. In the past year, homes in Iowa City have seen appreciation of 8.03%, slightly lower than the national average of 8.27%. Despite this lower rate of return, Iowa City continues to be an attractive housing market for potential buyers with its relatively low median home value and desirable location near numerous amenities.

The median home cost in Iowa City (zip 52240) is $276,200. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Iowa City (zip 52240) is up 14.4%.

Average Age of Homes

- The median age of Iowa City (zip 52240) real estate is 39 years old

The Rental Market in Iowa City (zip 52240)

- Renters make up 44.3% of the Iowa City (zip 52240) population
- 3.2% of houses and apartments in Iowa City (zip 52240), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Iowa City, Iowa	United States
	16,554.0	139,647,020.0
	39	42
	$276,200	$338,100
	14.4%	16.6%
	34.9%	57.0%
	53.6%	101.1%
	$17.09	$10.98
	$3,539	$2,690
	46.4%	57.4%
	8.4%	11.2%
	45.2%	31.4%
Vacant Housing
	3.2%	1.9%
	1.8%	0.4%
	0.4%	0.7%
	0.3%	0.4%
	0.5%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	8.0%	2.6%
	3.5%	2.4%
	2.0%	2.8%
	1.3%	3.9%
	2.4%	4.5%
	11.5%	11.3%
	19.0%	13.0%
	26.0%	20.1%
	12.5%	13.6%
	5.0%	8.3%
	7.3%	9.7%
	1.4%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	8.7%	13.6%
	8.7%	13.6%
	16.4%	13.6%
	14.1%	13.2%
	14.7%	14.8%
	16.4%	13.6%
	7.1%	10.0%
	4.2%	4.7%
	14.6%	12.2%

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