Council Bluffs appreciation rates and housing market information

Council Bluffs housing market information

With a population of 58,249, 24,367 total housing units (homes and apartments), and a median house value of $115,400, house prices in Council Bluffs are solidly below the national average.

single-family detached homes are the single most common housing type in Council Bluffs, accounting for 67.72% of the city's housing units. Other types of housing that are prevalent in Council Bluffs include large apartment complexes or high rise apartments (18.45%), duplexes, homes converted to apartments, or other small apartment buildings (7.30%), mobile homes or trailers (4.89%), and a few row houses and other attached homes (1.60%).

Dwellings in Council Bluffs tend to be quite small (one, two, or no bedrooms) and owner-occupied. In fact, 53.03% of the homes in Council Bluffs have two or fewer bedrooms.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Council Bluffs's housing was primarily built during this period, from the '40s through the '60s. A full 38.63% of the city's housing hails from this era. Other housing ages represented in Council Bluffs include homes built between 1939 and earlier (30.71%), and housing constructed from 1970-1994 (22.51%). There's also some housing in Council Bluffs built between 1995 and later (8.15%).

Council Bluffs home appreciation rates

Council Bluffs's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Council Bluffs during the period has been just 5.90%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Council Bluffs home appreciation rates, at 2.31%, have been at or slightly above the national average. In the latest quarter, Council Bluffs's appreciation rate has been 0.20%, which annualizes to a rate of 0.80%.

Relative to Iowa, our data show that Council Bluffs's latest annual appreciation rate is higher than 23% of the other cities and towns in Iowa.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Council Bluffs differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Council Bluffs - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Council Bluffs real estate investment or home purchase decisions.