Dubuque, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Dubuque, IA Real Estate Data


Dubuque Housing Market Information

With 58,799 people, 23,901 houses or apartments, and a median cost of homes of $140,381, Dubuque real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Dubuque, accounting for 62.60% of the city's housing units. Other types of housing that are prevalent in Dubuque include large apartment complexes or high rise apartments ( 15.83%), duplexes, homes converted to apartments or other small apartment buildings ( 14.75%), and a few row houses and other attached homes ( 4.07%).

The most prevalent building size and type in Dubuque are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.18% owning and 40.82% renting.

The housing in Dubuque was primarily built before 1939 ( 33.07%), making the housing stock in Dubuque some of the oldest overall in America, although there is a range of ages of homes in Dubuque. The next most important housing age is between 1940-1969 ( 30.94%), followed by between 1970-1999 ( 26.14%). There's also some housing in Dubuque built between 2000 and later ( 9.84%).

Dubuque Home Appreciation Rates

In the last 10 years, Dubuque has experienced some of the highest home appreciation rates of any community in the nation. Dubuque real estate appreciated 15.99% over the last ten years, which is an average annual home appreciation rate of 1.49%, putting Dubuque in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Dubuque 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, Dubuque's appreciation rate, at 5.10%, has been at or slightly above the national average. In the latest quarter, Dubuque's appreciation rate has been 2.06%, which annualizes to a rate of 8.49%.

Importantly, this makes Dubuque 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 Dubuque's latest annual appreciation rate is higher than 80% 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 Dubuque differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dubuque - 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 Dubuque real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$140,381

Dubuque, IA HOME PRICES

Value Range
> $1,086,000 0.2
$814,001 - $1,086,000 0.2
$543,001 - $814,000 1.0
$434,001 - $543,000 0.7
$326,001 - $434,000 3.4
$217,001 - $326,000 10.2
$109,001 - $217,000 54.0
$54,001 - $109,000 23.5
$0 - $54,000 6.8

High for IA
Average for Nation

Value Relative to Nation Value Relative to State
54.4181413336458 37.037037037037

Number Of Homes And Apartments:
23,901

Rent & Ownership

 

Average Market Rent:
$917 / per month

Homeownership Rate

Homeownership
Owners 59.18
Renters 40.82
Vacant 6.21

Housing Market Details

 

Age of Homes

AGE OF Dubuque HOMES
2000 or Newer 9.8
1970 - 1999 26.1
1940 - 1969 30.9
1939 or Older 33.1

Types of Homes

TYPE OF Dubuque HOMES
Single-Family 62.6
Townhomes 4.1
Small Apt. Buildings 14.8
Apt. Complexes 15.8
Mobile Homes 2.8
Other 0.0

Home Size

SIZE OF Dubuque HOMES
No Bedroom 2.42
1 Bedroom 10.60
2 Bedrooms 28.58
3 Bedrooms 42.00
4 Bedrooms 13.43
5 or more bedrooms 2.97

Dubuque Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IA*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
46.02% 2.22% 6 6
* 10 is highest