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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 62,597, 24,770 total housing units (homes and apartments), and a median house value of $120,004, 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 68.89% of the city's housing units. Other types of housing that are prevalent in Council Bluffs include large apartment complexes or high rise apartments ( 19.14%), duplexes, homes converted to apartments or other small apartment buildings ( 6.11%), and a few mobile homes or trailers ( 3.13%).
People in Council Bluffs primarily live in small (one, two or no bedroom) single-family detached homes. Council Bluffs has a mixture of owner-occupied and renter-occupied housing.
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 31.15% of the city's housing hails from this era. Other housing ages represented in Council Bluffs include homes built before 1939 ( 28.41%) and housing constructed between 1970-1999 ( 27.73%). There's also some housing in Council Bluffs built between 2000 and later ( 12.71%).
Appreciation rates for homes in Council Bluffs have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.05%, which ranks in the top 50% nationwide. This equates to an annual average Council Bluffs house appreciation rate of 0.10%.
NeighborhoodScout's data show that during the latest twelve months, Council Bluffs's appreciation rate, at 3.97%, has been at or slightly above the national average. In the latest quarter, Council Bluffs's appreciation rate has been 1.69%, which annualizes to a rate of 6.94%.
Importantly, this makes Council Bluffs one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Iowa, our data show that Council Bluffs's latest annual appreciation rate is lower than 50% 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 2000, to assist you in making the best Council Bluffs real estate investment or home purchase decisions.
|$809,001 - $1,079,000||0.3|
|$539,001 - $809,000||0.5|
|$432,001 - $539,000||1.1|
|$324,001 - $432,000||3.7|
|$216,001 - $324,000||8.7|
|$108,001 - $216,000||43.2|
|$54,001 - $108,000||34.2|
|$0 - $54,000||8.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Council Bluffs HOMES|
|2000 or Newer||12.7|
|1970 - 1999||27.7|
|1940 - 1969||31.2|
|1939 or Older||28.4|
|TYPE OF Council Bluffs HOMES|
|Small Apt. Buildings||6.1|
|SIZE OF Council Bluffs HOMES|
|5 or more bedrooms||2.41|