Coralville (Iowa City), IA

Population: 71,591
Average annual home appreciation rate: 4.24%
Total of homes for sale in this market: 474
Median home price: $186,716
Median Rent: $856 per room
Home price range: 49.66% of homes are between $103,001 – $206,000
Median sales price: NO DATA
Number of homes: 104
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 42.84% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 4.40%
Number of renters: 56.98%
Number of owner occupied: 43.02%
Number people living below poverty level: 28.16%
Unemployment rate: 2.20%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Iowa City area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

Leave a Reply

Your email address will not be published. Required fields are marked *