Iowa City, IA metro area Housing Market Brief
metro · IA · score computed October 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.
Population band 4 of 5 (population 112,714–277,881) · comparable within its band
Where is Iowa City, IA metro area in its market cycle?
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?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Iowa City, IA metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $314K | ▼ -4.8% | Redfin |
| Median Days on Market | 40 days | ▼ -28.6% | Redfin |
| Months of Supply | 3.1 | ▼ -34% | Redfin |
| Homes for Sale | 562 | ▼ -30.3% | Redfin |
| Homes Sold | 180 | ▲ +5.3% | Redfin |
| Median Price / Sq Ft | $172 | ▲ +2.3% | Redfin |
How has Iowa City, IA metro area’s Alpha Score moved?
Markets like Iowa City, IA metro area
- Tullahoma, TN metro area, TNmetro54
- New Brunswick, NJ metro area, NJmetro41
- Cookeville, TN metro area, TNmetro51
- Hickory, NC metro area, NCmetro58
- Morristown, TN metro area, TNmetro57
- Harrisonburg, VA metro area, VAmetro55
- Laconia, NH metro area, NHmetro55
- Forest City, NC metro area, NCmetro46
- Wilmington, DE metro area, DEmetro47
- Knoxville, TN metro area, TNmetro56
Frequently asked questions
Is Iowa City, IA metro area a buyer's or seller's market?
In the scores computed October 2026, Iowa City, IA metro area is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, building, 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 $314K, having fallen 4.8% over the past year, according to Redfin.
How affordable is Iowa City, IA metro area?
Iowa City, IA metro area scores 29 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 Inventory Health (88/100) and its weakest is Rental Yield (23/100). 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.