What is the Best Neighborhoods USA ranking for Southwest Estates?
Southwest Estates is ranked #1 of 27 eligible neighborhoods in Iowa City; #4 of 165 eligible neighborhoods in IA; and #79 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Southwest Estates
Iowa City, IA | Johnson County
Scored premium profile
Best Neighborhoods USA Index
84.2
Stability and Strength
83.6
Value Opportunity
90.1
Momentum
76.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Iowa City, IA |
| County | Johnson County |
| National rank | #79 of 14,967 |
| State rank | #4 of 165 |
| City rank | #1 of 27 |
| County rank | #1 of 27 |
| National percentile | 99.5 |
| National band | TOP_1_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $467,077 |
| Year-over-year home value change | 4.3% |
| Month-over-month home value change | 0.19% |
| Home value to income ratio | 3.02 |
| Median household income | $154,415 |
| Bachelor's degree or higher | 79.7% |
| Civilian unemployment rate | 0.8% |
| Homeownership rate | 97.2% |
| Housing vacancy rate | 1.0% |
| Rent burden 30% or higher | 100.0% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Southwest Estates
Is Southwest Estates one of the best neighborhoods in Iowa City?
Southwest Estates has a Best Neighborhoods USA Index of 84.2 and a city ranking of #1 of 27 eligible neighborhoods in Iowa City.
How much are homes worth in Southwest Estates?
The current Zillow Home Value Index for Southwest Estates is approximately $467,077.
Are home values rising or falling in Southwest Estates?
Zillow neighborhood values changed 4.3% year over year and 0.19% month over month.
What is the Neighborhood Momentum Score for Southwest Estates?
Southwest Estates has a Neighborhood Momentum Score of 76.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Southwest Estates?
The NDS-derived neighborhood median household income is approximately $154,415.
How affordable is Southwest Estates relative to household income?
The current Zillow home-value-to-household-income ratio is 3.02. Price-to-income affordability is a major Value Opportunity input.
Is Southwest Estates primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 97.2%.
What is the unemployment rate in Southwest Estates?
The NDS-derived civilian unemployment rate is approximately 0.8%.
How educated are residents of Southwest Estates?
Approximately 79.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Southwest Estates face high rent burden?
Approximately 100.0% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Southwest Estates?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications1
Estimated originations1
Home-purchase applications1
Origination rate75.3%
Home-purchase share63.3%
Average application loan$286,145
Total application loan amount$366,939
National application rank#14,731 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 18.6% YoY; originations 13.6% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.