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ZIP 52240 in Iowa City, IA: housing market trends

The median home sale price in ZIP 52240 in Iowa City, IA was $309,909 for the three-month period ending September 2026. Sale prices were essentially unchanged from the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$309,909
three-month period ending September 2026
Median sale price per sq ft
$179.73
three-month period ending September 2026
Active listings
181
three-month period ending September 2026
Typical monthly rent
$1,178
Rent index · August 2026

How is housing inventory changing?

There were 181 active listings for the three-month period ending September 2026. Active listings were 17.0% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 34 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 52240 in Iowa City, IA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$309,909$179.73114
Single-familySeptember 2026$344,913$184.4885
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$287,991$166.6425
Multifamily (2–4 units)September 2026$220,050$162.765 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 52240 in Iowa City, IA
MarketMedian sale priceReporting period / source
Iowa City, IA$322,500Month ending July 2026 · Zillow
Hills, IA$334,8413 months ending September 2026 · Redfin
Coralville, IA$329,7433 months ending September 2026 · Redfin
West Branch, IA$317,2993 months ending September 2026 · Redfin
Tiffin, IA$357,3303 months ending September 2026 · Redfin
North Liberty, IA$336,8403 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 52240 in Iowa City, IA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$309,909$179.73181
August 2026$302,750$181.39194
July 2026$301,750$180.85208
June 2026$290,000$178.19213
May 2026$299,000$177.88217
April 2026$250,000$165.85195
March 2026$266,500$165.87185
February 2026$258,500$166.37164
January 2026$302,500$171.23168
December 2025$325,000$172.49184
November 2025$327,500$169.57203
October 2025$326,000$170.32223
September 2025$310,000$162.63218
August 2025$297,000$170.25230
July 2025$305,000$173.58252
June 2025$317,000$177.13248
May 2025$327,500$178.84233
April 2025$305,500$174.45213
March 2025$305,000$167.36191
February 2025$290,000$167.41151
January 2025$288,500$176.57147
December 2024$276,000$183.64145
November 2024$285,000$191.96165
October 2024$322,450$189.45172

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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