Keokuk, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Keokuk Neighborhoods Since 2000




Keokuk, 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

Keokuk Housing Market Information

With 10,609 people, 4,364 houses or apartments, and a median cost of homes of $69,225, house prices in Keokuk 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 Keokuk, accounting for 73.97% of the city's housing units. Other types of housing that are prevalent in Keokuk include large apartment complexes or high rise apartments ( 11.17%), duplexes, homes converted to apartments or other small apartment buildings ( 9.54%), and a few row houses and other attached homes ( 2.96%).

People in Keokuk primarily live in small (one, two or no bedroom) single-family detached homes. Keokuk has a mixture of owner-occupied and renter-occupied housing.

The housing in Keokuk was primarily built before 1939 ( 46.61%), making the housing stock in Keokuk some of the oldest overall in America, although there is a range of ages of homes in Keokuk. The next most important housing age is between 1940-1969 ( 29.95%), followed by between 1970-1999 ( 20.06%). There's also some housing in Keokuk built between 2000 and later ( 3.37%).

Keokuk Home Appreciation Rates

In the last 10 years, Keokuk has experienced some of the highest home appreciation rates of any community in the nation. Keokuk real estate appreciated 16.35% over the last ten years, which is an average annual home appreciation rate of 1.53%, putting Keokuk in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Keokuk 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, Keokuk's appreciation rate, at 3.61%, has been at or slightly above the national average. In the latest quarter, Keokuk's appreciation rate has been 0.99%, which annualizes to a rate of 4.00%.

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

Average Home Values

 

Median Home Value:
$69,225

Keokuk, IA HOME PRICES

Value Range
> $1,077,000 0.0
$807,001 - $1,077,000 0.0
$538,001 - $807,000 0.5
$431,001 - $538,000 0.1
$323,001 - $431,000 3.1
$215,001 - $323,000 3.8
$108,001 - $215,000 15.6
$54,001 - $108,000 42.0
$0 - $54,000 34.9

Very Low for IA
Very Low for Nation

Value Relative to Nation Value Relative to State
95.5525606469003 98.5185185185185

Number Of Homes And Apartments:
4,364

Keokuk Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IA*
Compared To
America*
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
34.47% 1.73% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$808 / per month

Homeownership Rate

Homeownership
Owners 61.50
Renters 38.50
Vacant 8.53

Housing Market Details

 

Age of Homes

AGE OF Keokuk HOMES
2000 or Newer 3.4
1970 - 1999 20.1
1940 - 1969 30.0
1939 or Older 46.6

Types of Homes

TYPE OF Keokuk HOMES
Single-Family 74.0
Townhomes 3.0
Small Apt. Buildings 9.5
Apt. Complexes 11.2
Mobile Homes 2.4
Other 0.0

Home Size

SIZE OF Keokuk HOMES
No Bedroom 1.87
1 Bedroom 17.23
2 Bedrooms 29.57
3 Bedrooms 34.35
4 Bedrooms 13.27
5 or more bedrooms 3.71