Penny Bryn, Iowa City, IA
Penny Bryn — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Penny Bryn, Iowa City, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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Penny Bryn Neighborhood Overview
Penny Bryn is a residential neighborhood located in Iowa City, Iowa, offering a quiet, community-focused atmosphere. Situated with the ZIP code 52240, it provides residents with a suburban feel while maintaining proximity to the city's amenities. The area is characterized by its family-friendly environment and well-maintained homes.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and neighborhood connections. While specific major retail centers are not detailed, its location in Iowa City ensures convenient access to shopping, dining, and services. The community atmosphere is a key draw for families and professionals seeking a peaceful setting.
Real Estate Market
The real estate market in Penny Bryn features a Census median home value of $226,300. Current market activity shows an asking price per square foot of approximately $157, indicating a stable and competitive housing environment. This positions the neighborhood as an accessible option within the broader Iowa City area.
Schools & Education
Families in Penny Bryn are served by the Iowa City Community School District, which is known for its strong academic programs. The specific assigned schools can vary within the neighborhood, so prospective residents should verify current district boundaries. The area benefits from the cultural and educational resources of the larger university city.
Transportation & Connectivity
The neighborhood offers good connectivity via major roads, providing easy access to downtown Iowa City and the University of Iowa campus. Public transportation options are available through the local transit system, facilitating commutes and errands. Its layout is generally car-dependent, but bike-friendly routes are increasingly common in the area.
Why Choose Penny Bryn
Penny Bryn is an excellent choice for those seeking an affordable, stable community within Iowa City. With a median household income of $52,727, it offers a balanced cost of living for many households. The combination of quiet streets, community spirit, and proximity to a vibrant city makes it a compelling place to call home.
Penny Bryn 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 Penny Bryn, Iowa City
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Penny Bryn, 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