Parkwest, Iowa City, IA
Parkwest — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Parkwest, Iowa City, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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Parkwest Neighborhood Overview
Parkwest is a residential neighborhood located in the southern part of Iowa City, Iowa. It offers a balanced suburban atmosphere with convenient access to the city's amenities. The community is characterized by its mix of single-family homes and rental properties, appealing to a diverse range of residents.
Lifestyle & Amenities
Residents enjoy proximity to several parks and green spaces, providing areas for recreation and relaxation. The neighborhood is also close to shopping centers, grocery stores, and a variety of dining options along the nearby corridor. This blend of quiet streets and nearby conveniences defines the daily lifestyle in Parkwest.
Real Estate Market
The Parkwest real estate market features a median home value of $226,300 and a median monthly rent of $1,080. Properties typically spend an average of 46 days on the market, indicating steady demand. With a homeownership rate of 50%, the neighborhood maintains a fairly even split between owners and renters.
Schools & Education
Parkwest is served by the Iowa City Community School District, which is known for its strong academic programs. Families in the area have access to several well-regarded public schools. The proximity to the University of Iowa also contributes to an environment that values education.
Transportation & Connectivity
The neighborhood is well-connected by major roads, providing easy car access to downtown Iowa City and other parts of Johnson County. Public bus service through the Iowa City Transit system offers reliable transportation options for residents. Its location makes commuting and running errands straightforward for most.
Why Choose Parkwest
Parkwest is an excellent choice for those seeking an affordable, convenient, and stable community in Iowa City. Its mix of housing options caters to students, young professionals, and families alike. The neighborhood's balance of suburban comfort and urban accessibility makes it a practical and appealing place to live.
Parkwest 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 Parkwest, Iowa City
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Parkwest, 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