Atlantic, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Atlantic Neighborhoods Since 2000




Atlantic, IA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Atlantic Housing Market Information

With 6,833 people, 3,291 houses or apartments, and a median cost of homes of $103,714, house prices in Atlantic are solidly below the national average.

Single-family detached homes are the single most common housing type in Atlantic, accounting for 70.48% of the city's housing units. Other types of housing that are prevalent in Atlantic include large apartment complexes or high rise apartments ( 14.33%), duplexes, homes converted to apartments or other small apartment buildings ( 10.11%), and a few mobile homes or trailers ( 3.29%).

The most prevalent building size and type in Atlantic are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.66% owning and 36.34% renting.

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. Atlantic's housing was primarily built during this period, from the '40s through the '60s. A full 35.44% of the city's housing hails from this era. Other housing ages represented in Atlantic include homes built before 1939 ( 30.82%) and housing constructed between 1970-1999 ( 26.23%). There's also some housing in Atlantic built between 2000 and later ( 7.51%).

Atlantic Home Appreciation Rates

Appreciation rates for homes in Atlantic have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.03%, which ranks in the top 30% nationwide. This equates to an annual average Atlantic house appreciation rate of 1.05%.

NeighborhoodScout's data show that during the latest twelve months, Atlantic's appreciation rate, at 4.81%, has been at or slightly above the national average. In the latest quarter, Atlantic's appreciation rate has been 0.99%, which annualizes to a rate of 4.00%.

Relative to Iowa, our data show that Atlantic's latest annual appreciation rate is higher than 70% of the other cities and towns in Iowa.

Average Home Values

 

Median Home Value:
$103,714

Atlantic, IA HOME PRICES

Value Range
> $1,077,000 0.0
$808,001 - $1,077,000 0.0
$539,001 - $808,000 0.4
$431,001 - $539,000 1.2
$323,001 - $431,000 1.9
$215,001 - $323,000 8.2
$107,001 - $215,000 22.7
$54,001 - $107,000 47.6
$0 - $54,000 18.0

Low for IA
Low for Nation

Value Relative to Nation Value Relative to State
75.2226649478495 71.358024691358

Number Of Homes And Apartments:
3,291

Atlantic Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
30.46% 1.55% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$687 / per month

Homeownership Rate

Homeownership
Owners 63.66
Renters 36.34
Vacant 4.94

Housing Market Details

 

Age of Homes

AGE OF Atlantic HOMES
2000 or Newer 7.5
1970 - 1999 26.2
1940 - 1969 35.4
1939 or Older 30.8

Types of Homes

TYPE OF Atlantic HOMES
Single-Family 70.5
Townhomes 1.8
Small Apt. Buildings 10.1
Apt. Complexes 14.3
Mobile Homes 3.3
Other 0.0

Home Size

SIZE OF Atlantic HOMES
No Bedroom 1.27
1 Bedroom 9.99
2 Bedrooms 35.01
3 Bedrooms 39.51
4 Bedrooms 11.67
5 or more bedrooms 2.54

Popular Neighborhoods in Atlantic

Zip Codes in Atlantic, IA