Iowa City Metro Area, IA Housing

The housing market in Iowa City, IA Metro Area is quite robust. The median value of a house is $278,200 which is slightly lower than the national median of $338,100. Even though the housing prices are lower than the US median, they have still appreciated by 6.81% over the last year which is just shy of the 8.27% in national appreciation. This indicates that people are still willing to invest in homes in this area and that it’s becoming an increasingly attractive place to live.

The median home cost in Iowa City Metro Area is $278,200. Home appreciation the last 10 years has been 53.5%. Home Appreciation in Iowa City Metro Area is up 13.5%.

Average Age of Homes

- The median age of Iowa City Metro Area real estate is 34 years old

The Rental Market in Iowa City Metro Area

- Renters make up 36.8% of the Iowa City Metro Area population
- 2.1% of houses and apartments in Iowa City Metro Area, 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
	74,727.0	139,647,020.0
	35	42
	$278,200	$338,100
	13.5%	16.6%
	35.6%	57.0%
	53.5%	101.1%
	$16.36	$10.98
	$3,853	$2,690
	56.5%	57.4%
	7.1%	11.2%
	36.4%	31.4%
Vacant Housing
	2.1%	1.9%
	1.0%	0.4%
	0.4%	0.7%
	0.3%	0.4%
	0.5%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	1.6%	2.4%
	1.7%	2.8%
	1.8%	3.9%
	2.1%	4.5%
	10.0%	11.3%
	16.9%	13.0%
	29.0%	20.1%
	15.3%	13.6%
	9.1%	8.3%
	7.0%	9.7%
	1.4%	3.9%
	0.7%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	15.7%	13.6%
	15.7%	13.6%
	15.7%	13.6%
	11.0%	13.2%
	12.6%	14.8%
	15.7%	13.6%
	5.4%	10.0%
	2.3%	4.7%
	14.3%	12.2%

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