Northwest, Iowa City, IA
Northwest — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Northwest, Iowa City, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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Northwest Neighborhood Overview
Northwest is a residential neighborhood in Iowa City, Iowa, offering a quiet, community-focused atmosphere. Located with the ZIP code 52240, it provides a suburban feel while maintaining proximity to the city's amenities. The area is characterized by its family-friendly environment and established residential streets.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and neighborhood connections. The area provides convenient access to everyday shopping and dining options. Its peaceful setting is ideal for those seeking a retreat from busier parts of the city.
Real Estate Market
The real estate market in Northwest features a Census median home value of $226,300. Current market data indicates an asking price per square foot of approximately $195.69, reflecting a stable and active housing sector in Iowa City.
Schools & Education
Northwest is served by the Iowa City Community School District, which is known for its strong academic programs. Families in the neighborhood have access to a variety of public educational institutions. The proximity to the University of Iowa also contributes to a community value of learning.
Transportation & Connectivity
The neighborhood is well-connected by major roads, facilitating easy commutes to downtown Iowa City and beyond. Public transit options are available to serve residents' needs. Its location offers straightforward access to regional highways for longer trips.
Why Choose Northwest
Northwest is an excellent choice for homebuyers seeking an affordable, stable community with a median household income of $52,727. It offers a blend of residential tranquility and practical convenience. The neighborhood represents a solid value for those looking to put down roots in the Iowa City area.
Northwest 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 Northwest, Iowa City
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Northwest, 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