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Is Iowa City, IA 52243 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Iowa City is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.6%Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft$182

The Iowa City housing market right now

In the three months ending August 31, 2026, 0% of homes in Iowa City, IA 52243 sold above their list price. With only 1 sale, these figures can swing a lot from month to month.

Run the numbers for 52243

Prefilled for 52243Can I win this house?Multiple-offer likelihood for a listing Prefilled for 52243Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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Questions about Iowa City real estate

Do homes in Iowa City sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.6% of the list price.

What is the median home price in Iowa City?

The median sale price was $457,302 in the three months ending August 31, 2026, about $182 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