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Downtown Iowa City

Downtown Iowa City

Neighborhood in Iowa City, Iowa

Johnson County 52240

$571,074 Average Value
$549 Average Price per Sq Ft
9 Homes For Sale

The heart of Iowa City

Downtown Iowa City is practically bursting with energy—a byproduct of its extensively curated commercial scene and close-knit partnership with the University of Iowa. "Downtown is always growing and ongoing with more and more each year," says Christopher Hunter, director of marketing at Iowa City Downtown District, a nonprofit organization supporting downtown reinvestment efforts and businesses. "Every weekend and every moment, there always seems to be something to do." Residents of the largely commercial neighborhood, just east of the Iowa River, can easily walk to shops, restaurants, parks, playgrounds and special events.

Adjacent to the University of Iowa campus, Downtown Iowa City is an activity hub.
Adjacent to the University of Iowa campus, Downtown Iowa City is an activity hub.
The Old State Capitol Building is a beacon in Downtown Iowa City.
The Old State Capitol Building is a beacon in Downtown Iowa City.
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One of Iowa's cultural and entertainment epicenters

Downtown officially became one of the state's cultural and entertainment districts in 2022, Hunter says. "We have the most cultural and entertainment venues per capita in the state." For example, dining is nearly limitless. Breakfast nooks sit beside bubble tea cafes, upscale steakhouses, hole-in-the-wall bars and live music venues like Gabe's. To the north, Hunter suggests The Webster, which was featured on the New York Times' 2023 Restaurant List. Groceries are available at the Bread Garden Market on South Linn Street and the New Pioneer Food Co-op just east of the neighborhood. And locals can visit the Iowa City Farmers Market every Saturday morning from May to October. The shining stars of Downtown are Old Capitol Town Center and the Pedestrian Mall. People gather at the town center to shop and grab lunch, says Adam Pretorius, area expert and real estate agent with Lepic-Kroeger Realtors. The Pedestrian Mall, which adds an open-air element, is connected to the Iowa City Public Library. Cultural attractions come in all forms. Two of the most notable are The University of Iowa Museum of Natural History and The Stanley Museum of Art. However, even small shops like Prairie Lights Bookstore have a significant presence because Iowa City is a UNESCO City of Literature. FilmScene shows movies at the Pedestrian Mall, the Hotel Chauncey and outdoors at Chauncey Swan Park.

Iowa City is a UNESCO City of Literature and is very proud of it.
Iowa City is a UNESCO City of Literature and is very proud of it.
Downtown Iowa City is a vibrant and cultural neighborhood that has it all.
Downtown Iowa City is a vibrant and cultural neighborhood that has it all.
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The summer block party that draws thousands

Events take place Downtown throughout the year. Taste of Iowa City, held when college students return in the fall, is a solid introduction to the area's restaurant scene. Shop crawls, sidewalk sales, community happy hours and gallery walks are opportunities for newcomers and natives to learn more about the neighborhood. The capstone event is the free Downtown Summer Block Party, Hunter says. "It is the biggest event in Cedar Rapids-Iowa City-Davenport region. It draws over 40,000 people yearly and has endless activities, from drag shows to silent discos and pro wrestling. Anyone can find something to do there." Another summer staple is Herky on Parade, named after the U of I mascot. "There are about 100 statues of Herky all over Johnson County, with about 20 of them downtown," Hunter says. "All summer, people can go out and find them like a scavenger hunt and take pictures with them."

Downtown and The University of Iowa go hand in hand

The University of Iowa is the state's No. 1 public university. It sits 1-1/2 miles west of downtown, and residents can walk to campus in under 45 minutes using the pedestrian bridges that cross the Iowa River and South Riverside Drive. "The university and the city very actively collaborate," Pretorius says. "Most campuses stay separate, but here it's all intermixed, which makes for unique campus amenities. It's almost like we have a mini Downtown Chicago." Hunter agrees, adding that "downtown is like the living room of the University of Iowa, and the university is one of the biggest supporters of the Downtown District organization." For primary education, Iowa offers open enrollment, although students typically stay within the Iowa City School District. Students following zoning attend Longfellow Elementary School and South East Junior High, both of which have B scores on Niche. South East Junior is the largest junior high school in the district and, according to Niche, the fifth-best public middle school in Johnson County. Niche also gives City High School an A-minus and calls it Iowa's second-best college-prep public high school.

South East Junior High is the largest middle school in Iowa City.
South East Junior High is the largest middle school in Iowa City.
Longfellow Elementary School serves students in grades K-5.
Longfellow Elementary School serves students in grades K-5.
City High School's historical campus sits atop a hill surrounded by neighborhoods.
City High School's historical campus sits atop a hill surrounded by neighborhoods.
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Walk, bike or ride all over downtown

Many improvements are in motion to preserve the neighborhood's pedestrian-friendly vibe. Hunter says roads are being redone with new planters, wider sidewalks and updated overhead lighting, which should be completed by fall 2024. The Downtown District is also partnering with the city to pay for a hospitality and cleaning service to maintain the downtown area and improve navigation. Downtown puts pedestrian traffic first with walkable, interconnected streets and ample bike lanes. For those who use public transit, Iowa City Transit buses have been free since August 2023 as part of a two-year pilot program. Also, the university's free CAMBUS serves the whole campus, Pretorius says. "It is open to the public and university people, so you could conceivably live without a car." Regardless, drivers are taken care of, too; the first hour of parking is free on any downtown ramp. Plus, locals are within 2 miles of the Iowa City Municipal Airport.

Downtown Iowa City features many bus stops and routes, all of which are free for all riders.
Downtown Iowa City features many bus stops and routes, all of which are free for all riders.
Downtown Iowa City residents and visitors alike love the colorful artwork all around.
Downtown Iowa City residents and visitors alike love the colorful artwork all around.
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High-rise condos in commercial district

The neighborhood is evenly split among apartments, condominiums, retail spaces and hotels. Some condos are in converted historic buildings, while others are in contemporary high-rises built within the past 20 years. Many listings include open floor plans, balconies, floor-to-ceiling windows and reserved parking. The average home value is about $200,000 more than the rest of Iowa City's Metro Area. Prices typically range between $500,000 to $675,000, although some are closer to the $325,000 to $425,000 range. Units with over 2,000 square feet usually top $1 million.

There are no single-family homes in Downtown Iowa City, so condos occupy buildings of all sizes.
There are no single-family homes in Downtown Iowa City, so condos occupy buildings of all sizes.
Downtown Iowa City has several condo buildings, including a few high-rise properties.
Downtown Iowa City has several condo buildings, including a few high-rise properties.
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A little green between the businesses

The heart of the city may have few green spaces, but recreational hubs are tucked within the corners of the district. Kids can get their wiggles out at Pedestrian Mall's outdoor playground while parents look on from colorful muraled benches. Robert A. Lee Community Recreation Center offers amenities like a fitness room, gymnasium and pool. Just east of downtown is College Green Park, a multi-use space with sports courts, play structures and walking paths lined with trees.

The Pedestrian Mall Playground is a great place for kids to burn off some energy downtown.
The Pedestrian Mall Playground is a great place for kids to burn off some energy downtown.
College Hill residents enjoy spending quiet time in their local neighborhood park.
College Hill residents enjoy spending quiet time in their local neighborhood park.
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Isabel Butler
Written By
Isabel Butler
Drew Davis
Photography Contributed By
Drew Davis
Conar McDaniel
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Conar McDaniel

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Mike Bails, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

The Eastern Iowa

35 min drive

Bus

Burlington St & Dubuque St

Bus

Downtown Interchange

Bus

Washington St & Linn St - Ic Library, Senior Center

Bus

Washington St & City Hall

Bus

Washington St & Gilbert St - Iowa City City Hall

Bus

Burlington St & Gilbert St - City Hall & Rec. Center

Crime and Safety

1 - Low Crime, 10 - High Crime Downtown Iowa City US
Homicide 3 4
Sexual Assault 9 4
Assault with Weapon 2 4
Robbery 5 4
Burglary 8 4
Motor Vehicle Theft 5 4
Larceny 8 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$592,500
Median 2 Bedroom Price
$762,500
Median 1 Bedroom Price
$575,000
Average Price Per Sq Ft
$549
Number of Homes for Sale
9
Last 12 months Home Sales
8
Months of Supply
13.50
Median List Price
$575,000
Median Discount From 1st List Price
4%
Median Home Sale Price YoY Change
-6%

Home Facts

Number of Homes in Neighborhood
117
Median Year Built
2004
Avg. Single Family Home Size Sq Ft
2,092
Above the national average
1,935
Average 2 Bedroom Size Sq Ft
1,993
Average 1 Bedroom Size Sq Ft
1,094
Median Lot Size Sq Ft
31,363

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Mike Bails, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
3,830
Median Age
25
Population Density
70 ppl/acre
Population under 18
19.4%
On par with the national average
23.8%
Population over 65
1.9%
Below the national average
19.1%

Finances

Median Household Income
$20,807
Significantly below the national average
$71,702
Average Household Income
$39,147

Education and Workforce

High School Graduates
96.7%
College Graduates
56.9%
Above the national average
34.1%
Advanced Degrees
32.8%
Above the national average
13.3%
% Population in Labor Force
49.9%

Weather

Annual Precipitation
39''
Average Winter Low Temperature
12°F
Average Summer High Temperature
84°F
Annual Snowfall
30''

Area Factors

Very Bikeable

Bike Score®

83 / 100

Walker's Paradise

Walk Score®

92 / 100

Good Transit

Transit Score®

57 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Downtown Iowa City