Iowa City, IA Real Estate
According to census data in the year 2000 there were 26,052 housing units in Iowa City.
This represents a 16% growth from 22,464 in 1990.
Of those housing units, 25,612 were located in either urbanized areas or urban clusters, and 440 were located in what is classified as a rural area.
Homeownership rate in Iowa City is about 46.6%.
Iowa City's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Iowa City were built after 1973.
|Housing Units by Size|
|Five Bedrooms or more||3.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.55|
|Median year structure was built||1972|
|Median Value of occupied units||$128,300|
|Median Price asked for vacant units||$130,400|
Rented Homes, Apartments and Condos
|Average Household Size||1.95|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$376|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||10.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.9%|