How much is a home worth in ZIP code 52241?

The typical home in 52241 is worth $260,598, based on the Zillow Home Value Index.

Are home values rising in 52241?

Home values in 52241 are up 3.9% over the past year, and up 4.8% a year over five years.

What is the typical rent in 52241?

A typical home in 52241 rents for about $1,254 a month, a gross rental yield of 5.8%.

What is the property tax rate in 52241?

The effective property tax rate in 52241 is 1.6% — roughly $4,175 a year on a typical home.

ZIP code 52241 has a population of 23,250 and a median household income of $69,243.

HousingHandbookReference data

…

U.S. ZIP Code · IA52241

Johnson County · Iowa City, IA

Typical home value

$260,598^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.9%
5-year / yr: +4.8%
10-year / yr: +3.7%

Relative price

vs U.S.: -8.3%
vs metro: -6.6%
vs state: +27.4%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 52241 is worth $260,598 — 6.6% below the Iowa City, IA median. Over the past year, values have risen 3.9%. Homes here rent for a typical $1,254 a month — a 5.8% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,254^[2]
Gross yield: 5.8%^[2]
Cap rate: 3.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.6%^[3]
Typical annual tax: $4,175^[3]

#Climate risk

FEMA National Risk Index ratings for Johnson County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Relatively High

#Who lives here

Population: 23,250^[3]
Median household income: $69,243^[3]

#Migration

Household moves in and out of Johnson County over a year, from IRS tax-return data.

Net migration: -486^[5]
Moved in: 4,938
Moved out: 5,424

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 4
Middle: 1
High: 0

Northwest Junior High School
Middle · Grades 7–8 · Iowa City Comm School District
720 students
Central Elementary School
Elementary · Grades PK–6 · Iowa City Comm School District
452 students
Norman Borlaug Elementary School
Elementary · Grades PK–6 · Iowa City Comm School District
451 students
Wickham Elementary
Elementary · Grades PK–6 · Iowa City Comm School District
371 students
Kirkwood Elementary School
Elementary · Grades PK–6 · Iowa City Comm School District
291 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.8%

Net yield (after ~40% expenses)3.5%

Annual rent$15,052

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,318

Loan principal$208,479

Down payment$52,120

Total interest paid$265,903

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.50

Monthly cost to own$1,882

Monthly rent$1,254

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 29th percentile^[1]
Rental yield: 60th percentile^[2]
Property tax: 94th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 52241?: The typical home in 52241 is worth $260,598, based on the Zillow Home Value Index.
Are home values rising in 52241?: Home values in 52241 are up 3.9% over the past year, and up 4.8% a year over five years.
What is the typical rent in 52241?: A typical home in 52241 rents for about $1,254 a month, a gross rental yield of 5.8%.
What is the property tax rate in 52241?: The effective property tax rate in 52241 is 1.6% — roughly $4,175 a year on a typical home.
Who lives in 52241?: ZIP code 52241 has a population of 23,250 and a median household income of $69,243.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

52755 vs 52241 →
Lone Tree, IA
Typical home
$251,951
Gross yield
—
52235 vs 52241 →
Hills, IA
Typical home
$248,883
Gross yield
—
52356
Wellman, IA
Typical home
$245,315
Gross yield
—
52240
Iowa City, IA
Typical home
$278,999
Gross yield
5.0%
52201
Ainsworth, IA
Typical home
$240,472
Gross yield
—
52246
Iowa City, IA
Typical home
$302,485
Gross yield
5.3%

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Pit ZIP 52241 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · IA52241

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