The housing market in Iowa City, IA (Zip Code 52242) has seen positive growth in the past year. According to current data, the median value of homes in this area stands at $311,900 - slightly lower than the national median value of $338,100. The US 1 year House Appreciation was 8.27%, while the 1 year appreciation for houses in Iowa City is 8.03%. This suggests that housing prices are slowly but steadily rising in this area, and may be an attractive option for prospective homeowners seeking to invest in real estate.
The median home cost in Iowa City (zip 52242) is $311,900. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Iowa City (zip 52242) is up 14.4%.
Average Age of Homes
- The median age of Iowa City (zip 52242) real estate is 31 years old
The Rental Market in Iowa City (zip 52242)
- Renters make up 0.0% of the Iowa City (zip 52242) population
- 0.0% of houses and apartments in Iowa City (zip 52242), 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.