Housing in Iowa City, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$287,500
Median List Price
$304,900
Price Per Sq Ft
$178
Days on Market
55
Active Inventory
191
Months of Supply
4.8
Balanced market
Zillow Home Value
$288,989
ZHVI — January 2026
Zillow Rent Index
$1,295
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
15.0%
Off Market in 2 Weeks
31.6%
Sale-to-List Ratio
97.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
40
New Listings
90
Pending Sales
38
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$178
Median List $/SF
$196
Iowa City vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Iowa City is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$273,600
Median Rent
$1,094
Total Housing Units
33,855
Vacancy Rate
9.1%
Owner Occupied
46.3%
Renter Occupied
53.7%
Median Property Tax
$4,765
per year
Monthly Cost (w/ Mortgage)
$1,348
Housing Types
The current median sale price in Iowa City, IA is $287,500 according to Redfin data. Homes spend a median of 55 days on the market. 15.0% of homes sold above asking price. The market has 4.8 months of supply. The median price per square foot is $178. Zillow's observed rent index is $1,295/month. About 46.3% of housing units are owner-occupied. The median year homes were built is 1984. There are 33,855 total housing units.