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 about Scout's Real Estate Data
With 8,172 people, 3,029 houses or apartments, and a median cost of homes of $145,552, house prices in Denison 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 Denison, accounting for 65.31% of the city's housing units. Other types of housing that are prevalent in Denison include large apartment complexes or high rise apartments ( 11.07%), mobile homes or trailers ( 9.98%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.82%).
The most prevalent building size and type in Denison are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.36% owning and 37.64% renting.
There is a lot of housing in Denison 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 Denison built before 1939 ( 26.00%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.49%). There's also some housing in Denison built between 2000 and later ( 5.64%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Denison, where house values have increased just 44.87%, which is annualized rate of 3.78%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Denison appreciation rates have trailed the rest of the nation. In the last twelve months, Denison's appreciation rate has been 4.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Denison were at 1.02%, which equates to an annual appreciation rate of 4.14%.
Relative to Iowa, our data show that Denison's latest annual appreciation rate is lower than 80% of the other cities and towns in Iowa.
$145,552
for Iowa
for nation
3,029
$1,162 / per month