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IOWA CITY, IA 52246

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 52246

Aspen Lake · Black's Park · Broken Arrow · Brookland Park · Bryn Mawr Heights · Byington · Capital View · Cardinal Pointe South · Chautauqua Heights · Cottage Hill · Country Club Estates · Galway Hills · Hunter's Run · Meadowlark Hill · Melrose Park · Park View Terrace · Park West · Penny Bryn · Ruppert Hills · Southwest Estates · Suburban Heights · Terrace Hill · The Westwinds · University Heights · Varsity Heights · Walden Hills · Walden Ridge · Walden Square · Walden Wood · Walnut Ridge · Weeber Street · West Side Park · Westgate · Westport Plaza · Wild Prairie Estates · Willow Creek · Woodland Ridge

Market Analysis

Data as of March 2026. Source: Realtor.com.

The IOWA CITY, IA real estate market (52246) currently shows 153 active listings, with 48 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 63 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 32 days last year.

The median listing price has fallen 22.7% year-over-year, from $374,950 to $289,900.

Whether you are buying or selling in IOWA CITY, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 22,340  ·  Density: 516.2/mi²  ·  Median household income: $51,627

Typical home value: $327,358  ·  Homeownership: 40.9%

Market Overview

Active Listings
153
⇧ 70% vs 90 last year
Pending
48
31% pending ratio
Median Price
$289,900
⇩ 22.7% vs $374,950 last year
Average Price
$359,363
⇩ 8.6% vs $393,261 last year
Days on Market
51
⇧ 59.4% vs 32 days last year

Price Per Square Foot

Median $/sqft
$205
⇧ 10.2% vs $186/sqft last year
Median Home Size
1,293 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 153 this year vs 90 last year
  • Days on market: 51 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $289,900 (-22.7% YoY)
  • Average: $359,363 (-8.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.1 miles — 892 listings ($357,534,215 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52246Iowa City, IA 522460.0 mi136$49,434,640$304,900$363,490
52245Iowa City, IA 522454.9 mi119$50,550,010$355,000$424,790
52340Tiffin, IA 523405.8 mi97$47,740,102$378,743$492,166
52317North Liberty, IA 523178.1 mi220$88,317,240$322,400$401,442
52247Kalona, IA 5224711.2 mi7$3,040,758$366,225$434,394
52333Solon, IA 5233312.1 mi69$40,035,456$528,925$580,224
52755Lone Tree, IA 5275514.4 mi7$2,046,100$202,500$292,300
52227Ely, IA 5222717.2 mi18$9,565,200$343,950$531,400
52325Parnell, IA 5232517.5 mi3$2,475,000$825,000$825,000
52334South Amana, IA 5233418.7 mi1$250,000$250,000$250,000
52404Cedar Rapids, IA 5240419.4 mi183$49,877,565$249,900$272,555
52766Nichols, IA 5276620.0 mi1$115,000$115,000$115,000
52314Mount Vernon, IA 5231421.1 mi31$14,087,144$420,000$454,424

Frequently Asked Questions

How many homes are for sale in IOWA CITY, IA 52246?

As of March 2026, there are 153 active listings in IOWA CITY, IA (zip code 52246), compared to 90 the prior year.

What is the median home price in IOWA CITY, IA 52246?

The median listing price in IOWA CITY, IA 52246 is $289,900 as of March 2026, a 22.7% decrease from $374,950 the prior year.

How long do homes stay on the market in IOWA CITY, IA?

Homes in IOWA CITY, IA 52246 spend an average of 51 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in IOWA CITY, IA 52246?

Based on current inventory and days-on-market data as of March 2026, IOWA CITY, IA 52246 is currently a Buyer's Market. Inventory has increased compared to last year, with 63 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 32 days last year.

How much can I save on real estate commission in IOWA CITY, IA?

With SELL123.com's maximum 3% commission, sellers in IOWA CITY, IA 52246 save an estimated $5,798 compared to a typical 5% commission on the median listing price of $289,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.