64Alpha

Iowa City, IA metro area Housing Market Brief

metro · IA · as of August 2026

Seller's

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.

Price Momentum20%
71
Inventory Health25%
+2.761
Affordability20%
+6.652
Economic Strength20%
70
Rental Yield15%
+4.770

Where is Iowa City, IA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Iowa City, IA metro area is classified as Growing strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Iowa City, IA metro area?

Our model forecasts Iowa City, IA metro area’s home prices to rise about 2.4% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Iowa City, IA metro area housing market data

MetricValueYoY
Median Sale Price$324K▲ +0.3%
Median Days on Market72 days▲ +60%
Months of Supply1.7-43.3%
Homes for Sale594-25%
Homes Sold356▲ +30.9%
Median Price / Sq Ft$174▲ +0.6%

How has Iowa City, IA metro area’s Alpha Score moved?

Now: 64
12-period trend
Median sale price · 12 mo

Markets like Iowa City, IA metro area

Frequently asked questions

Is Iowa City, IA metro area a buyer's or seller's market?

As of August 2026, Iowa City, IA metro area is classified as a Seller's Market, based on its Alpha Score of 64 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 $324K, having held roughly steady over the past year.

How affordable is Iowa City, IA metro area?

Iowa City, IA metro area scores 52 out of 100 on affordability — moderately affordable 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 Affordability (52/100). 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.