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Walnut Ridge Home for Sale

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    $685,000

    • 4 Beds
    • 2.5 Baths
    • 3,050 Sq Ft

    53 Kennedy Pkwy, Iowa City, IA 52246

    IN-TOWN, ONE ACRE PROPERTY located in highly sought-after Walnut Ridge subdivision. This classic, modern home offers stunning natural light throughout with expansive Andersen windows with transoms, dramatic high ceilings and southern exposure. Designed with contemporary elements including light wood floors, white painted molding, wood and lucite railings, glass block details, open spaces with

    Lynn Weinstein Blank & McCune Real Estate

    53 Kennedy Pkwy, Iowa City, IA 52246

Why Live in Walnut Ridge

Walnut Ridge, located less than 4 miles west of downtown Iowa City, is a prestigious neighborhood with unique architectural designs and an active Homeowner Association that maintains high standards. The community is popular among professors and healthcare workers due to its proximity to the University of Iowa and nearby hospitals. Families are also drawn to the area for its highly rated schools, including Borlaug Elementary School and West Senior High School, which is ranked as the top public high school in Iowa. The neighborhood features large, 1-acre lots with modern interiors and old-school charm, including New Traditional, Colonial, French, and Queen Anne architectural influences. Homes average 4,000 square feet and are situated along curving streets ending in cul-de-sacs, with elaborate landscaping providing privacy. Walnut Ridge has a strong sense of community, with residents often engaging in neighborhood activities such as the annual ice cream social. The area is described as park-like, with some homes bordering the Clear Creek Trail and others near University of Iowa sports facilities like Finkbine Golf Course and the Hawkeye Recreation Center. The neighborhood is safer than the national average, contributing to its appeal. Shopping and dining options are conveniently located 2 miles north on 2nd Street, featuring grocery stores like Hy-Vee and New Pioneer Food Co-op, as well as local restaurants such as Chez Grace. Downtown Iowa City is just 3.5 miles away, and U.S. Route 218 provides quick access to Interstate 80.

Frequently Asked Questions

Is Walnut Ridge a good place to live?
Walnut Ridge is a good place to live. Walnut Ridge is considered very car-dependent and somewhat bikeable with some transit options. It is sparse in population with 1.5 people per acre and a median age of 43. The average household income is $222,609 which is above the national average. College graduates make up 74.7% of residents. A majority of residents in Walnut Ridge are home owners, with 18.5% of residents renting and 81.5% of residents owning their home. A local real estate agent serving Walnut Ridge can help you decide if this neighborhood is the right one for you. Learn more on our Walnut Ridge neighborhood guide.
How much do you need to make to afford a house in Walnut Ridge?
The median home price in Walnut Ridge is $945,000. If you put a 20% down payment of $189,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $4,810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $206K a year to afford the median home price in Walnut Ridge. The average household income in Walnut Ridge is $223K.
What are the best public schools in Walnut Ridge?
The best public schools that serve Walnut Ridge are:
What are the best private schools in Walnut Ridge?
The best private schools that serve Walnut Ridge are:
What are the most popular zip codes in Walnut Ridge, Iowa City, IA?
The most popular zip codes in Walnut Ridge, Iowa City, IA include 52246, 52241, 52245, 52240 and 52317.
What are the most popular neighborhoods near Walnut Ridge, Iowa City, IA?
The most popular neighborhoods near Walnut Ridge, Iowa City, IA are Southwest Estates, Ty N Cae, Peninsula Area, Bryn Mawr Heights and Manville Heights.

Home Trends in Walnut Ridge, IA

Housing Trends

Median Sale Price
$1,149,000
Median Single Family Sale Price
$875,000
Average Price Per Sq Ft
$241
Number of Homes for Sale
1
Last 12 months Home Sales
5
Months of Supply
2.40
Median List Price
$945,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
35%
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