Chariton, IA


Highest Appreciating Chariton Neighborhoods Since 2000

Chariton, 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

Chariton Housing Market Information

With a population of 4,214, 1,924 total housing units (homes and apartments), and a median house value of $70,947, house prices in Chariton are some of the most affordable in Iowa as well as the nation.

Single-family detached homes are the single most common housing type in Chariton, accounting for 78.28% of the city's housing units. Other types of housing that are prevalent in Chariton include large apartment complexes or high rise apartments ( 11.81%), duplexes, homes converted to apartments or other small apartment buildings ( 6.07%), and a few mobile homes or trailers ( 2.18%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chariton. Owner-occupied housing accounts for 67.11% of Chariton's homes, and 48.63% have either three or four bedrooms, which is average sized relative to America.

The housing in Chariton was primarily built before 1939 ( 41.22%), making the housing stock in Chariton some of the oldest overall in America, although there is a range of ages of homes in Chariton. The next most important housing age is between 1970-1999 ( 26.91%), followed by between 1940-1969 ( 24.92%). There's also some housing in Chariton built between 2000 and later ( 6.95%).

Vacant housing appears to be an issue in Chariton. Fully 10.88% of the housing stock is classified as vacant. Left unchecked, vacant Chariton homes and apartments can be a drag on the real estate market, holding Chariton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Chariton Home Appreciation Rates

Appreciation rates for homes in Chariton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 7.40%, which ranks in the top 40% nationwide. This equates to an annual average Chariton house appreciation rate of 0.72%.

NeighborhoodScout's data show that during the latest twelve months, Chariton's appreciation rate, at 3.57%, has been at or slightly above the national average. In the latest quarter, Chariton's appreciation rate has been 0.99%, which annualizes to a rate of 4.00%.

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

Average Home Values


Median Home Value:


Value Range
> $1,073,000 0.0
$804,001 - $1,073,000 0.0
$536,001 - $804,000 0.2
$429,001 - $536,000 0.0
$322,001 - $429,000 1.7
$215,001 - $322,000 2.7
$107,001 - $215,000 18.2
$54,001 - $107,000 42.3
$0 - $54,000 34.9

Very Low for IA
Very Low for Nation

Value Relative to Nation Value Relative to State
94.8435485761162 97.2839506172839

Number Of Homes And Apartments:

Chariton Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
43.93% 2.13% 5 5
* 10 is highest

Rent & Ownership


Average Market Rent:
$834 / per month

Homeownership Rate

Owners 67.11
Renters 32.89
Vacant 10.88

Housing Market Details


Age of Homes

2000 or Newer 6.9
1970 - 1999 26.9
1940 - 1969 24.9
1939 or Older 41.2

Types of Homes

Single-Family 78.3
Townhomes 1.7
Small Apt. Buildings 6.1
Apt. Complexes 11.8
Mobile Homes 2.2
Other 0.0

Home Size

No Bedroom 4.77
1 Bedroom 11.12
2 Bedrooms 32.42
3 Bedrooms 34.55
4 Bedrooms 14.08
5 or more bedrooms 3.06

Popular Neighborhoods in Chariton

Popular Communities Near Chariton, IA

Zip Codes in Chariton, IA