Why Live in Peninsula Area
Peninsula Area in Iowa City is a neighborhood surrounded by nature, featuring around 400 houses and condos. Bordered by parks and the river, it offers a secluded environment just a 5-minute drive from Downtown Iowa City. The community includes a mix of families and young professionals, with seasonal events at Emma J. Harvat Square Park fostering a strong sense of community. The University of Iowa, 2.5 miles away, provides additional sporting events and performances. Architectural styles in the area include Brownstone units, Craftsmans, Bungalows, Victorian Revival cottages, New Traditional homes, and Colonial Revivals.
Outdoor features include Thornberry Dog Park, Iowa City Skatepark, and the Iowa River Trail, which offers scenic views and recreational opportunities, though some areas are prone to flooding. Residents often travel to nearby shopping and dining options at The Iowa River Landing, which includes stores like Trader Joe's and Lululemon. Local amenities also include Willow & Ivy Salon and a popular ramen restaurant. Parkview Church and Elks Lodge are notable landmarks within the area.
The neighborhood is served by highly rated schools, including City High School and Lincoln Elementary School. The crime rate in Peninsula Area is lower than the national average, enhancing its appeal. While the neighborhood is bike-friendly and walkable for leisure, residents typically rely on cars for commuting and errands, with buses available along Foster Road. Interstate 80 and Dubuque Street provide convenient access to downtown and Eastern Iowa Airport, which is 23 miles away.
Home Trends in Peninsula Area, IA
On average, homes in Peninsula Area, Iowa City sell after 85 days on the market compared to the national average of 69 days. The median sale price for homes in Peninsula Area, Iowa City over the last 12 months is $420,000, down 12% from the median home sale price over the previous 12 months.
Median Sale Price
$420,000
Median Single Family Sale Price
$420,000
Median Townhouse Sale Price
$370,000
Median 2 Bedroom Sale Price
$480,000
Average Price Per Sq Ft
$206
Number of Homes for Sale
0
Last 12 months Home Sales
22
Median List Price
$445,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-12%
