Median real estate price in the City Center of Iowa Falls is $91,274, which is less expensive than 76.8% of Iowa neighborhoods and 85.7% of all U.S. neighborhoods.
The average rental price in Iowa Falls City Center is currently $807, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.8% of the neighborhoods in Iowa.
Iowa Falls City Center is a suburban neighborhood (based on population density) located in Iowa Falls, Iowa.
Real estate in the City Center of Iowa Falls, IA is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Iowa Falls City Center. The current real estate vacancy rate here is 19.6%. This is higher than the rate of vacancies in 84.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.