Housing in University Heights, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — November 2025

Median Sale Price

$525,000

Median List Price

$550,000

Price Per Sq Ft

$265

Days on Market

Active Inventory

Months of Supply

1.0

Seller's market

Price Trends

Source: Redfin

Sale Price ↓ 18.9%List Price ↑ 223.5%Mar 24 → Nov 25

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Sale-to-List Ratio

96.7%

Buyer's market

Sold Above Asking

33.3%

Listings with Price Drops

100.0%

Market Activity

Source: Redfin

Homes Sold

New Listings

Homes Sold ↑ 50.0%New Listings ↓ 66.7%Pending ↓ 33.3%Mar 24 → Nov 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$265

Median List $/SF

$282

Sale $/SF ↓ 30.4%List $/SF ↑ 4.4%Mar 24 → Nov 25

University Heights vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. University Heights is highlighted.

Median Home Value

83rd%ilemost expensive$393,200show rank

Median Rent

79th%ilemost expensive rent$1,417show rank

Median Price Per Sq Ft

78th%ilemost expensive $/sqft$265show rank

Rent Burden

32nd%ilehighest rent burden16.2%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$393,200

Median Rent

$1,417

Total Housing Units

573

Vacancy Rate

12.7%

Owner Occupied

55.4%

Renter Occupied

44.6%

Median Property Tax

$6,439

per year

Monthly Cost (w/ Mortgage)

$1,397

Housing Types

Single Family

54.5%

Multi-Family

45.5%

Mobile Home

0.0%

The current median sale price in University Heights, IA is $525,000 according to Redfin data. Homes spend a median of 32 days on the market. 33.3% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $265. The median rent is $1,417 per month (Census ACS). About 55.4% of housing units are owner-occupied. The median year homes were built is 1965. There are 573 total housing units.