Cascade, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Cascade Neighborhoods Since 2000




Cascade, 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

Cascade Housing Market Information

With a population of 2,271, 866 total housing units (homes and apartments), and a median house value of $183,239, Cascade real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Cascade, accounting for 77.17% of the city's housing units. Other types of housing that are prevalent in Cascade include large apartment complexes or high rise apartments ( 16.15%), duplexes, homes converted to apartments or other small apartment buildings ( 6.68%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cascade. Owner-occupied housing accounts for 69.99% of Cascade's homes, and 60.02% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Cascade built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Cascade built before 1939 ( 26.73%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.16%). There's also some housing in Cascade built between 1940-1969 ( 19.82%).

Cascade Home Appreciation Rates

In the last 10 years, Cascade has experienced some of the highest home appreciation rates of any community in the nation. Cascade real estate appreciated 17.23% over the last ten years, which is an average annual home appreciation rate of 1.60%, putting Cascade in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Cascade definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Cascade's appreciation rate, at 3.37%, has been at or slightly above the national average. In the latest quarter, Cascade's appreciation rate has been -1.51%, which annualizes to a rate of -5.91%.

Notably, Cascade's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Iowa, our data show that Cascade's latest annual appreciation rate is lower than 60% of the other cities and towns in Iowa.

Average Home Values

 

Median Home Value:
$183,239

Cascade, IA HOME PRICES

Value Range
> $1,087,000 3.3
$815,001 - $1,087,000 0.8
$544,001 - $815,000 2.3
$435,001 - $544,000 1.9
$326,001 - $435,000 8.2
$218,001 - $326,000 16.7
$109,001 - $218,000 45.3
$54,001 - $109,000 15.6
$0 - $54,000 5.9

Very High for IA
High for Nation

Value Relative to Nation Value Relative to State
37.0268369858198 16.7901234567901

Number Of Homes And Apartments:
866

Cascade 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
53.11% 2.50% 7 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$799 / per month

Homeownership Rate

Homeownership
Owners 69.99
Renters 30.01
Vacant 3.56

Housing Market Details

 

Age of Homes

AGE OF Cascade HOMES
2000 or Newer 21.2
1970 - 1999 32.3
1940 - 1969 19.8
1939 or Older 26.7

Types of Homes

TYPE OF Cascade HOMES
Single-Family 77.2
Townhomes 0.0
Small Apt. Buildings 6.7
Apt. Complexes 16.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Cascade HOMES
No Bedroom 0.00
1 Bedroom 7.57
2 Bedrooms 28.84
3 Bedrooms 45.66
4 Bedrooms 14.37
5 or more bedrooms 3.56

Popular Neighborhoods in Cascade

Zip Codes in Cascade, IA