Iowa City, IA
Housing market overview · Updated weekly
$298,000median sale price
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
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
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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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