Coralville, IA—52241
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Coralville, IA
As of Oct '25, the median home price in Coralville, IA is $254,000, with a year-over-year change of 3.1%. This indicates that home prices in Coralville, IA are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $254,000 | 3.1% |
| Single Family | $337,000 | 3.1% |
| Condos | $161,000 | 3.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $157,000 | 4.0% |
3 Bed | $276,000 | 3.4% |
4 Bed | $393,000 | 3.1% |
| 5 Bed | $601,000 | 2.9% |
% of Housing Stock
Rental Trends — Coralville, IA
As of July '25, Rentcast reports the average rent in Coralville, IA is $1,250, with a year-over-year rent change of 10.6%. Per bedroom, the median rent as of July '25 in Coralville, IA is studios: $871, 1-bedrooms: $1,120, 2-bedrooms: $1,190, 3-bedrooms: $1,840, 4-bedrooms: $2,020. The most common rental property sizes in Coralville, IA are 2-bedroom and 1-bedroom, accounting for 61.4% and 21.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,250 |
| Studio Rent | $920 | $871 |
| 1 Bed Rent | $1,210 | $1,120 |
| 2 Bed Rent | $1,080 | $1,190 |
| 3 Bed Rent | $1,800 | $1,840 |
| 4 Bed Rent | $2,450 | $2,020 |
% of Rental Stock
Property Listings — Coralville, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Coralville, IA is 76. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $335,000 | -1.0% |
Listing Count | 133 | 13.0% |
| Listings as % of Homes | 1.0% | 13.0% |
Days on Market | 76 | 2.0% |
Demographics — Coralville, IA
As of the latest ACS Survey released in 2023, Coralville, IA has a population of 22,800, which has increased by 10.5% over the past 5 years. Coralville, IA is a moderately popular place for families, as children make up 21.0% of the population. The area has a highly educated workforce, with 57.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,800 | 10.5% |
% Under 18 | 21.0% | -5.4% |
% Seniors | 12.6% | 26.0% |
% WFH | 12.8% | 412.0% |
% w/ College Degree | 57.3% | 0.2% |
As of the latest ACS Survey released in 2023, Coralville, IA is a predominantly white area, with 64.1% of the population identifying as white. The white population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in Coralville, IA is black, making up 14.5% of the population. Foreign-born residents account for 15.7% of the population in Coralville, IA, and this percentage has decreased by 13.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.1% | -8.7% |
% Black | 14.5% | 20.8% |
% Hispanic | 6.1% | 13.0% |
% Asian | 10.2% | -6.4% |
% Foreign Born | 15.7% | -13.7% |
Mortgage and Risk — Coralville, IA
According to HUD data as of 2023, there were 381 mortgage originations in Coralville, IA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Coralville, IA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 381 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Coralville, IA
As of 2024, the percent of homes in Coralville, IA under the Section 8 program is 6.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Coralville, IA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 310 |
Total Units Section 8 | 310 |
% Rentals under Section 8 | 6.8% |
% Occupied Section 8 | 88.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$320 | $1,210 | $890 |
| 2 Bedroom | -$10 | $1,080 | $1,070 |
| 3 Bedroom | -$300 | $1,800 | $1,500 |
| 4 Bedroom | -$650 | $2,450 | $1,800 |
Affordability — Coralville, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $254,000 |
| Median Household Income | $66,500 |