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Area data

Iowa city, IA — ZIP 52240

Population: 35,074 (Census ACS)

The median home value in ZIP 52240 (Iowa city, IA) is $281,933 — up 3.3% over the past year. Homes sell for a median $312,500 after a median 21.5 days on market. Typical rent runs $1,230/month. 7 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with strongwind, coldwave, hail the top-rated hazards. Cost of living is 10.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$281,933

Median home value

+3.3%

1-year change

21.5

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$281,933
1-year appreciation
+3.3%
3-year appreciation
+8.4%
5-year appreciation
+22.3%
10-year appreciation
+51.9%
All-time peak (2026-05)
$282,644
House Price Index (state)
379.0 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$312,500
Median list price
$275,000
Median price per sqft
$183
1-year sale-price change
+8.7%
Median days on market
21.5 days
Homes sold (recent period)
4
For-sale inventory
108
Sale-to-list ratio
95.5%
Active listings
4
1-year forecast
+1.5%
Days to pending
47 days
New listings (monthly)
31

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,230/mo
1-year rent change
+5.2%
Studio fair-market rent
$696/mo
1BR fair-market rent
$870/mo
2BR fair-market rent
$1,088/mo
3BR fair-market rent
$1,415/mo
4BR fair-market rent
$1,633/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Low)
89.5 (100 = US avg)
Electricity rate (state-level)
13.7¢/kWh
Natural gas rate (state-level)
$10.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
7
Elementary schools
5
Middle schools
1
High schools
1
Schools include
Grant Wood Elementary School, Longfellow Elementary School, Mark Twain Elementary, Southeast Junior High School, Elizabeth Tate Alt. High School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
strongWind, coldWave, hail, tornado, winterWeather
Notable hazard ratings (county)
coldWave: Relatively High · drought: Relatively Moderate · hail: Relatively High · heatWave: Relatively Moderate · iceStorm: Relatively Moderate · inlandFlooding: Relatively Moderate
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 38% of US counties
Buildings in wildfire direct-exposure zone
30.4%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
63.0°F
Average low
44.0°F
Annual precipitation
27.8 in
Annual snowfall
31.9 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
53
Days with Good air quality
143
Days with Moderate air quality
216
Days with Unhealthy air quality
3
Highest AQI recorded (year)
210

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
8.5 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
29,546
Jobs reachable by transit (45 min)
21,537

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Herbert Hoover National Historic Site (8 mi)
Airports within 30 mi
16
Nearest airport
Iowa City Municipal Airport (IOW) (2 mi)
Nearest major airport
The Eastern Iowa Airport (CID) (20 mi)
Hospitals nearby (~15 mi)
2
Hospitals include
UNIVERSITY OF IOWA HEALTH CARE MEDICAL CENTER DOWN, IOWA CITY VA MEDICAL CENTER
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-790 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,984
Housing built before 1970
30.5%
Housing built 2000 or later
28.4%
Median annual property tax
$3,913
Mean commute to work
16 min
Households with broadband internet
70.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
52,214
Average weekly wage
$993
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
492

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 52240State medianUS median
Median home value$281,933$211,348$289,727
Median sale price$312,500$220,000$325,000
Median days on market22 days48 days51 days
Typical rent$1,230/mo$1,175/mo$1,808/mo
Median annual property tax$3,913$1,927$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 52240?
$281,933.
What is the median sale price in ZIP 52240?
$312,500.
How long do homes take to sell in ZIP 52240?
Median days on market: 21.5 days.
What is typical rent in ZIP 52240?
Typical rent: $1,230/month.
What is the natural-hazard risk in ZIP 52240?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: strongWind, coldWave, hail, tornado, winterWeather.
Is ZIP 52240 in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in ZIP 52240?
Risk to homes is higher than 38% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 52240?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 52240?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 52240?
7 schools (5 elementary, 1 middle, 1 high) (NCES, 2022-23).
Is ZIP 52240 walkable?
Walkability index: 8.5/20 (EPA Smart Location Database).
What is the air quality in ZIP 52240?
Moderate. Median AQI: 53. (EPA AQI).
What is the cost of living in ZIP 52240?
Regional Price Parity: 89.5 (100 = US average) (Low) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents