ZIP Code 52245 — Iowa City, IA Home Prices (2026)
The typical home in ZIP 52245 (Iowa City, Iowa) is worth about $330,000 at roughly $194 per square foot — 7% more expensive than the Iowa City median and 12% more expensive than the typical U.S. home.
How 52245 compares
ZIP 52245 is one of the pricier ZIP codes in Iowa City: its typical home value of $330,000 ranks #1 of the 3 Iowa City ZIP codes we track (the citywide range runs from $282,000 in 52240 to $330,000 in 52245). Per square foot it costs about $194, against $199 for Iowa City as a whole, $135 for Iowa, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 52245 | $330,000 | $194 |
| Iowa City, IA | $308,000 | $199 |
| Iowa | $212,000 | $135 |
| United States | $294,000 | $195 |
Home value by size in 52245
Using this ZIP’s rate of about $194 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $194,000 |
| 1,500 sq ft | $291,000 |
| 2,000 sq ft | $388,000 |
| 2,500 sq ft | $485,000 |
| 3,000 sq ft | $582,000 |
Salary needed to buy a home in ZIP 52245
To buy the typical $330,000 home in ZIP 52245 with 20% down, you need a household income of roughly $90,000 a year (about $2,090 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $107,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $16,500 | $2,600/mo | $112,000/yr |
| 10% (+PMI) | $33,000 | $2,490/mo | $107,000/yr |
| 20% | $66,000 | $2,090/mo | $90,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 52245
At about $194 per square foot, here is roughly how much home different budgets get you in ZIP 52245:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 770 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1030 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1290 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1550 sq ft | around the typical home here |
| $400k | 2060 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 52245 home.
Estimate a specific home in 52245
The estimator below is pre-set to ZIP 52245 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Iowa City ZIP codes by home value
Where 52245 sits among Iowa City’s 3 ZIP codes:
ZIP 52245 home prices: frequently asked
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See the full Iowa City home values page, all Iowa cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.