ZIP Code 52246 — Iowa City, IA Home Prices (2026)
The typical home in ZIP 52246 (Iowa City, Iowa) is worth about $308,000 at roughly $215 per square foot — about the same as the Iowa City median and 5% more expensive than the typical U.S. home.
How 52246 compares
ZIP 52246 is a mid-priced ZIP code for Iowa City: its typical home value of $308,000 ranks #2 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 $215, against $199 for Iowa City as a whole, $135 for Iowa, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 52246 | $308,000 | $215 |
| Iowa City, IA | $308,000 | $199 |
| Iowa | $212,000 | $135 |
| United States | $294,000 | $195 |
Home value by size in 52246
Using this ZIP’s rate of about $215 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 | $215,000 |
| 1,500 sq ft | $322,500 |
| 2,000 sq ft | $430,000 |
| 2,500 sq ft | $537,500 |
| 3,000 sq ft | $645,000 |
Salary needed to buy a home in ZIP 52246
To buy the typical $308,000 home in ZIP 52246 with 20% down, you need a household income of roughly $84,000 a year (about $1,960 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $100,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $15,400 | $2,430/mo | $104,000/yr |
| 10% (+PMI) | $30,800 | $2,320/mo | $100,000/yr |
| 20% | $61,600 | $1,960/mo | $84,000/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 52246
At about $215 per square foot, here is roughly how much home different budgets get you in ZIP 52246:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 700 sq ft | below the local median — condos, smaller or older homes |
| $200k | 930 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1160 sq ft | around the typical home here |
| $300k | 1400 sq ft | around the typical home here |
| $400k | 1860 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 52246 home.
Estimate a specific home in 52246
The estimator below is pre-set to ZIP 52246 — 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 52246 sits among Iowa City’s 3 ZIP codes:
ZIP 52246 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.