Grant Wood, Iowa City, IA
Grant Wood — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Grant Wood, Iowa City, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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Grant Wood Neighborhood Overview
Grant Wood is a residential neighborhood located in the northeastern part of Iowa City, Iowa. Named for the famous Iowa artist, the area offers a quiet, family-friendly atmosphere with convenient access to the city's amenities. Its location provides a suburban feel while remaining an integral part of the larger Iowa City community.
Lifestyle & Amenities
The neighborhood is primarily residential, characterized by its peaceful streets and well-maintained homes. Residents enjoy proximity to local parks and shopping centers, meeting daily needs within a short drive. The community atmosphere is central to the Grant Wood experience, fostering a strong sense of neighborhood.
Real Estate Market
The Grant Wood real estate market features a median home value of $226,300, with a price per square foot around $155.51. Homes typically sell after an average of 45 days on the market, and the neighborhood has a homeownership rate of 50%. Rental options are available, with a median monthly rent of $1,080.
Schools & Education
Families in Grant Wood are served by the Iowa City Community School District, which is known for its strong academic programs. The specific schools serving the neighborhood can vary, so prospective residents should verify current district boundaries. The area's proximity to the University of Iowa also contributes to an environment that values education.
Transportation & Connectivity
Grant Wood is well-connected by major roads, providing easy access to downtown Iowa City, the University of Iowa campus, and Interstate 80. Public transportation via Iowa City Transit serves the area, offering routes to key destinations. The neighborhood's layout is conducive to both driving and local walking.
Why Choose Grant Wood
Grant Wood appeals to those seeking an affordable, stable community within Iowa City, evidenced by its median household income of $52,727. It offers a balanced lifestyle with its quiet setting and city conveniences nearby. The neighborhood represents a practical and attractive option for families, professionals, and first-time homebuyers in the area.
Grant Wood Market Data
| Metric | Value |
|---|---|
| Median Home Price | $226K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $53K |
| Homeownership Rate | 50.3% |
| Renter-Occupied | 49.7% |
| Rental Vacancy Rate | 6.1% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 52240 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 87,047 |
| VA Loan Originations | 3,592 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $245K |
| Conventional Loan Originations | 77,690 |
| FHA Loan Originations | 5,765 |
Top Real Estate Agents in Grant Wood, Iowa City
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Grant Wood, Iowa City, IA. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Iowa Real Estate Commission — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12