Dubuque appreciation rates and housing market information

Dubuque housing market information

With 57,468 people, 23,813 houses or apartments, and a median cost of homes of $143,100, Dubuque real estate and house prices are near the national average for all cities and towns.

single-family detached homes are the single most common housing type in Dubuque, accounting for 61.60% of the city's housing units. Other types of housing that are prevalent in Dubuque include duplexes, homes converted to apartments, or other small apartment buildings (16.70%), large apartment complexes or high rise apartments (15.26%), mobile homes or trailers (3.49%), and a few row houses and other attached homes (2.95%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Dubuque. Owner-occupied housing accounts for 64.04% of Dubuque's homes, and 53.58% have either three or four bedrooms, which is average sized relative to America.

The housing in Dubuque was primarily built before 1939 (37.33%), making the housing stock in Dubuque some of the older overall in America, although there is a range of ages of homes in Dubuque. The next most important Dubuque housing age is 1940-1969 (34.88%), followed by 1970-1994 (24.04%). There's also some housing in Dubuque built between 1995 and later (3.75%).

Dubuque home appreciation rates

Dubuque's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dubuque during the period has been just 6.27%, which is lower than % of US communities.

Appreciation rates are so strong in Dubuque that despite a nationwide downturn in the housing market, Dubuque real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dubuque appreciation rates continue to be some of the highest in America, at 4.49%, which is higher than appreciation rates in 72% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dubuque. Dubuque appreciation rates in the latest quarter were at 0.81%, which equates to an annual appreciation rate of 3.24%.

Relative to Iowa, our data show that Dubuque's latest annual appreciation rate is higher than 60% 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 Dubuque differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dubuque - 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 Dubuque real estate investment or home purchase decisions.