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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.70% |
| One Bedroom | 16.80% |
| Two Bedrooms | 32% |
| Three Bedrooms | 29.80% |
| Four Bedrooms | 12.90% |
| 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
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 55.70% |
| Debt Free | 25.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.9% |
