The story of this market
The typical home in ZIP 52246 sells for about $308,255, or $185 per square foot.
Prices are up +3.3% from a year ago, so sellers still have some momentum. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $1,057 a month.
ZIP 52246 — Iowa City
The housing market in 52246 remains stable with modest price appreciation driven by consistent demand from university-affiliated residents. Inventory levels are balanced, and the area continues to see steady interest from both owner-occupants and investors looking for proximity to major employment hubs.
This ZIP is ideal for university faculty, healthcare professionals, and families seeking proximity to academic and cultural amenities in a stable, well-connected environment.
Median prices moved up 3.3% year over year.
Homes spend a median of 53 days on market with 3.9 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 24.1% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 52246, Johnson County IA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime in the Iowa City area is generally low, with property crime being the most common concern; the area remains safer than many similarly sized university towns.
The ZIP is served by the Iowa City Community School District, which is highly regarded for its academic performance and integration with University of Iowa resources.
The area faces moderate risk from severe thunderstorms and occasional flooding near the Iowa River, though most residential zones are well-managed by local infrastructure.
Economic momentum is driven by the University of Iowa and the associated healthcare sector, with steady infill development occurring on the city's west side.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Iowa) — Iowa Property Tax Assessment Limitation: The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
Residents enjoy excellent access to the University of Iowa campus and downtown Iowa City via major corridors like Highway 218 and local bus transit.
The area features extensive access to parks such as Mercer Park, numerous bike trails, and proximity to the Iowa River for outdoor recreation.
The rental market is robust due to high student demand, with low vacancy rates and consistent upward pressure on rents near the university.
The economy is anchored by the University of Iowa and the University of Iowa Hospitals and Clinics, which serve as the primary regional employers.
The area is well-served by the Iowa City Transit bus system and provides easy access to I-80 and Highway 218.
Development is focused on sustainable infill and expanding housing density near transit corridors.
The Johnson County Assessor maintains a biennial assessment cycle based on market-value appraisals.
Parcels are subject to Iowa City Community School District taxes and local municipal utility districts.
Property insurance premiums are stable, though coverage for wind and hail damage is standard for the region.
Data retrieved from data.census.gov ZCTA-level tables.
- The Fun Station Cedar Rapids4.516.2 mi
- The Iowa Children's Museum4.82.2 mi
- DEFY Iowa City4.44.6 mi
- Cryptiq Escapes4.95.2 mi
- The Slime Kitchen4.92.2 mi
- Kinnick Stadium4.82.9 mi
- Big Grove Brewery & Taproom4.64 mi
- Carver-Hawkeye Arena4.72.8 mi
- Xtream Arena4.32.8 mi
- Cedar Ridge Distillery4.712.4 mi
- Cedar Ridge Distillery4.712.4 mi
- PinSocial Tiffin44.5 mi
- Devonian Fossil Gorge4.65.8 mi
- Lake Macbride State Park4.69.9 mi
- The Iowa Children's Museum4.82.2 mi
- The Iowa Children's Museum4.82.2 mi
- Stanley Museum of Art4.63.6 mi
- Herbert Hoover National Historic Site4.713.6 mi
- Old Capitol Museum4.73.7 mi
- The Englert Theatre4.73.9 mi
- Devonian Fossil Gorge4.65.8 mi
- Lake Macbride State Park4.69.9 mi
- F.W. Kent Park4.77.8 mi
- City Park4.63.7 mi
- Penn Meadows Park4.56.3 mi
- PinSocial Tiffin44.5 mi
- Finkbine Golf Course4.62.3 mi
- Pleasant Valley Golf Course4.35.7 mi
- Saddleback Ridge Golf Course & Driving Range4.411.9 mi
- Blue Top Ridge Golf Course4.511.8 mi
- Coral Ridge Mall4.42.2 mi
- Wilson's Orchard & Farm (Iowa City)4.58.7 mi
- Hy-Vee Grocery Store4.41.7 mi
- Hy-Vee Grocery Store4.54.3 mi
- Hy-Vee Grocery Store4.34.2 mi
- Eastern Iowa Airport4.216.5 mi
- Eastern Iowa Airport4.616.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features community facilities, sports fields, and seasonal farmers markets.
Extensive paved trail system for cycling and walking.
Major anchor providing museums, sports, and arts venues.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.