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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 $342,663.
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 lively college town, home to the University of Iowa. It features a rich cultural scene with numerous amenities, including parks, restaurants, and shops. With an emphasis on education and community, it’s perfect for families and young professionals alike.

Current Market Conditions in Iowa City, IA

The real estate market in Iowa City has seen steady growth over the past five years, driven by its strong demand for affordable housing and a thriving local economy. The market is currently favoring sellers, with inventory levels remaining low but demand high amidst ongoing economic development in the area.

New construction projects and a revitalized downtown area contribute to increasing property values. Many families and young professionals are attracted to the city for its quality of life, education opportunities, and community-oriented atmosphere.

Home Value Estimator For Iowa City, IA

There are currently 26,534 real estate properties in Iowa City, IA, with a median automated valuation model (AVM) price of $295,488.00. 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 $342,663.00, 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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