Coralville, Iowa Housing Market Prices
Coralville Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 17% above the Iowa median$178,882
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Median rent 11% above the Iowa median$1,076
Housing Market Overview
| Metric | Coralville | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $178,882 | $153,425 | $248,835 |
| Price Trend (Annual %) | 1.7% | 7.5% | 7.5% |
| Median Gross Rent | $1,076 | $971 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Coralville is about 17% higher than in Iowa. Rent is about 11% higher than the Iowa average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Coralville, up about 1.7% and 3.7% a year respectively. Rent is changing faster.
Median rent in Coralville rose about 35.5% between 2015 and 2024, from $795 to $1,076. Over the same span, rent in Iowa rose about 39.6%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Coralville.
Buying the median-priced home in Coralville costs roughly 13.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Coralville. The price-to-rent ratio in Iowa is about 13.2.
| Metric | Coralville | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $178,882 | $153,425 | $248,835 |
| Median Household Income | $67,944 | $75,133 | $80,455 |
| Price-to-Income Ratio | 2.6 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Coralville fell about 19.4%, while median household income rose about 42.5% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Coralville | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.1% | 65.6% | 58.5% |
| Rental Rate | 44.5% | 25.9% | 31.2% |
| Vacancy Rate | 6.4% | 8.5% | 10.2% |
| Median Tenure (years) | 10.0 | 15.0 | 15.0 |
| Median Year Moved In | 2016 | 2011 | 2011 |
Coralville has a homeownership rate of 49.1%, lower than the Iowa average of 65.6%. Its housing vacancy rate is 6.4%, compared with 8.5% in Iowa.
Housing Stock
| Metric | Coralville | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.20 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1995 | 1971 | 1978 |
| Median Number of Rooms | 4.7 | 5.9 | 5.5 |
The typical housing unit in Coralville was built around 1995. On average, 2.2 people live in a home with about 4.7 rooms, staying for about 10.0 years on average.
Coralville, IA Housing Compared With Nearby Cities
How Coralville, IA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Coralville, IA | 22,755 | $178,882 #1/2 | $1,076 #2/2 | 52.5% #1/2 |
| Iowa City, IA | 66,193 | $143,779 | $1,077 | 46.3% |
Frequently Asked Questions
Common questions about the housing market in Coralville, Iowa.
What is the median home price in Coralville, Iowa?
The median home price in Coralville, Iowa is $178,882, higher than the Iowa average of $153,425.
What is the average home price in Coralville, Iowa?
The typical home price in Coralville, Iowa, reported as the median sale price, is $178,882. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Coralville, Iowa?
The median gross rent in Coralville, Iowa is $1,076 per month, higher than the Iowa average of $971.
What was the median gross rent in Coralville in 2020?
In 2020, the median gross rent in Coralville, Iowa was $911 per month.
What is the price-to-rent ratio in Coralville, Iowa?
The price-to-rent ratio in Coralville, Iowa is about 13.8, meaning it would take roughly 13.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Coralville.
Are home prices or rent rising faster in Coralville, Iowa?
Both home prices and rent are rising in Coralville, up about 1.7% and 3.7% a year respectively. Rent is changing faster.
What is the homeownership rate in Coralville, Iowa?
49.1% of households in Coralville, Iowa own their home, lower than the Iowa average of 65.6%.
What is the vacancy rate in Coralville, Iowa?
The housing vacancy rate in Coralville, Iowa is 6.4%, lower than the Iowa average of 8.5%.
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