Iowa City, IA metro area Housing Market Brief
metro · as of May 2026
What is Iowa City, IA metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Iowa City, IA metro area in its market cycle?
Iowa City, IA metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
Iowa City, IA metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $335K | ▲ +3.1% |
| Median Days on Market | 36 days | ▼ -32.1% |
| Months of Supply | 2.2 | ▼ -12% |
| Homes for Sale | 675 | ▼ -19.1% |
| Homes Sold | 304 | ▼ -7.3% |
| Median Price / Sq Ft | $173 | ▲ +1.1% |
| Sale-to-List Ratio | 98.8% | ▲ +0.1% |
How has Iowa City, IA metro area’s Alpha Score moved?
Markets like Iowa City, IA metro area
- Hanford, CA metro areametro44
- Sioux Falls, SD metro areametro47
- Faribault, MN metro areametro44
- Billings, MT metro areametro42
- Staunton, VA metro areametro47
- Auburn, AL metro areametro45
- Anchorage, AK metro areametro44
- Springfield, MA metro areametro42
- Pittsfield, MA metro areametro43
- Casper, WY metro areametro53
Frequently asked questions
Is Iowa City, IA metro area a buyer's or seller's market?
As of May 2026, Iowa City, IA metro area is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Iowa City, IA metro area?
The median sale price in Iowa City, IA metro area is $335K, having risen 3.1% over the past year.
How affordable is Iowa City, IA metro area?
Iowa City, IA metro area scores 26 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Iowa City, IA metro area's Alpha Score?
Iowa City, IA metro area's strongest dimension is Price Momentum (71/100) and its weakest is Rental Yield (18/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Iowa City, IA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.