Located in the heart of Iowa City, IA, 52245 has seen an impressive appreciation in house prices over the past year. According to recent statistics, the median value of houses in this area is currently $294,300 - just below the US median value of $338,100 - and they have appreciated by 8.03% over the last year. This is just below the national average appreciation rate of 8.27%. As such, housing in this area remains a great investment opportunity with potential for substantial returns on investment.
The median home cost in Iowa City (zip 52245) is $294,300. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Iowa City (zip 52245) is up 14.4%.
Average Age of Homes
- The median age of Iowa City (zip 52245) real estate is 43 years old
The Rental Market in Iowa City (zip 52245)
- Renters make up 34.7% of the Iowa City (zip 52245) population
- 1.4% of houses and apartments in Iowa City (zip 52245), 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.