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Fixer Upper Homes in Iowa City, IA

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Iowa City, IA Foreclosures

How much do homes sell for in Iowa City, IA?
The average home price is currently $344,772.
In Iowa City, IA, how many homes are available?
There are currently 397 active home listings available in Iowa City.
What’s the average rental cost in Iowa City, IA?
The average rental price in Iowa City is $1,604.
What is the most expensive home in Iowa City?
The most expensive home sold in Iowa City had a price of $8,503,255.
What is currently the cheapest priced home in Iowa City, IA?
The cheapest home for sale in Iowa City is priced at $18,641.

Living in Iowa City, IA

Iowa City is a vibrant college town known for its rich history and diverse culture. Home to the University of Iowa, the city offers a unique blend of educational opportunities, artistic endeavors, and outdoor activities. Residents enjoy a strong sense of community and a family-friendly atmosphere, making it an attractive place to live.

Current Market Conditions in Iowa City, IA

The IOWA CITY real estate market remains competitive, bolstered by its robust rental market due to the university population. Many buyers are looking for homes close to the campus, which has driven demand and sales prices upward in recent months.

As of now, new home construction is keeping pace with demand, and there is a notable trend towards modern homes that offer sustainable features, catering to environmentally conscious buyers.

Home Value Estimator For Iowa City, IA

There are currently 26,551 real estate properties in Iowa City, IA, with a median automated valuation model (AVM) price of $298,965.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Iowa City, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Iowa City, IA, is $344,772.00, with the most expensive house in Iowa City, IA, topping out at $8,503,255.00 and the cheapest home in Iowa City, IA, clocking in at $18,641.00. In other words, there’s something for every potential homebuyer or savvy investor in Iowa City, IA!

Rent Prices In Iowa City, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Iowa City, IA, is on a rollercoaster ride. The average rent price in Iowa City, IA, is $1,604.00. Indeed, when looking to rent in Iowa City, IA, you can expect to pay as little as $680.00 or as much as $3,700.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Iowa City, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Iowa City, IA Fixer Upper Homes

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