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IOWA CITY, IA 52246

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

The IOWA CITY, IA real estate market (52246) currently shows 136 active listings, with 34 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 64 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 50 days on market compared to 36 days last year.

The median listing price has fallen 24.2% year-over-year, from $402,200 to $304,900.

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
136
⇧ 88.9% vs 72 last year
Pending
34
25% pending ratio
Median Price
$304,900
⇩ 24.2% vs $402,200 last year
Average Price
$363,490
⇩ 9.2% vs $400,460 last year
Days on Market
50
⇧ 38.9% vs 36 days last year

Price Per Square Foot

Median $/sqft
$209
⇧ 10% vs $190/sqft last year
Median Home Size
1,292 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 136 this year vs 72 last year
  • Days on market: 50 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $304,900 (-24.2% YoY)
  • Average: $363,490 (-9.2% 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 — 584 listings ($257,942,329 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52246Iowa City, IA 522460.0 mi99$40,101,435$336,450$405,065
52245Iowa City, IA 522454.9 mi105$41,646,675$346,000$396,635
52340Tiffin, IA 523405.8 mi80$39,249,200$384,990$490,615
52317North Liberty, IA 523178.1 mi167$71,262,240$399,900$426,720
52247Kalona, IA 5224711.2 mi9$3,793,275$357,450$421,475
52333Solon, IA 5233312.1 mi63$35,450,982$529,400$562,714
52755Lone Tree, IA 5275514.4 mi6$1,828,800$187,500$304,800
52236Homestead, IA 5223615.5 mi1$79,900$79,900$79,900
52776West Liberty, IA 5277617.3 mi14$7,742,182$304,450$553,013
52356Wellman, IA 5235617.7 mi5$1,625,350$295,000$325,070
52203Amana, IA 5220318.8 mi4$1,902,000$575,000$475,500
52351Walford, IA 5235119.8 mi1$575,000$575,000$575,000
52314Mount Vernon, IA 5231421.1 mi30$12,685,290$420,000$422,843

Frequently Asked Questions

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

As of February 2026, there are 136 active listings in IOWA CITY, IA (zip code 52246), compared to 72 the prior year.

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

The median listing price in IOWA CITY, IA 52246 is $304,900 as of February 2026, a 24.2% decrease from $402,200 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 50 days on the market before going under contract, compared to 36 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 February 2026, IOWA CITY, IA 52246 is currently a Buyer's Market. Inventory has increased compared to last year, with 64 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 50 days on market compared to 36 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 $6,098 compared to a typical 5% commission on the median listing price of $304,900. 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.