Is Hills, IA 52235 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Hills is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$145▼ −30.7% vs. last year

The Hills housing market right now

In the three months ending August 31, 2026, 0% of homes in Hills, IA 52235 sold above their list price, the typical home went under contract in 23 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 67%, homes sold faster (54 days then) and the median sale price fell 20% to $284,877. Overall, Hills is less competitive than a year ago, which gives buyers more room.

Within Johnson County, homes here sell faster than in 82% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Tiffin 52340 (30% sold over asking) and Coralville 52241 (26% sold over asking) are even more competitive.

Nearby markets

Coralville 52241Seller’s market $173 /sq ftIowa City 52240Seller’s market $181 /sq ftIowa City 52245Seller’s market $184 /sq ftIowa City 52246Seller’s market $176 /sq ft Browse all markets →

Where Hills is

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Questions about Hills real estate

Is Hills a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Hills, IA 52235 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Hills?

The typical home went under contract in 23 days in the latest three months.

Do homes in Hills sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Hills?

About 1.52% of a home’s value a year in Johnson County, or roughly $6,080 on a $400,000 home.

What is the median home price in Hills?

The median sale price was $284,877 in the three months ending August 31, 2026, about $145 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology