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 3,982, 1,614 total housing units (homes and apartments), and a median house value of $286,203, Le Claire real estate is some of the most expensive in Iowa, although Le Claire home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Le Claire, accounting for 86.18% of the city's housing units. Other types of housing that are prevalent in Le Claire include large apartment complexes or high rise apartments ( 6.97%), duplexes, homes converted to apartments or other small apartment buildings ( 3.43%), and a few row houses and other attached homes ( 3.43%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Le Claire. Owner-occupied housing accounts for 80.61% of Le Claire's homes, and 58.26% have either three or four bedrooms, which is average sized relative to America.
Le Claire homes and real estate are some of the newest in America. 34.33% of Le Claire's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Le Claire real estate market has to offer. Quite a bit of the housing here was also built between 1940-1969 ( 33.72%), and between 1970-1999 ( 17.19%). There's also some housing in Le Claire built before 1939 ( 14.76%).
Vacant housing appears to be an issue in Le Claire. Fully 10.78% of the housing stock is classified as vacant. Left unchecked, vacant Le Claire homes and apartments can be a drag on the real estate market, holding Le Claire real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Le Claire has experienced some of the highest home appreciation rates of any community in the nation. Le Claire real estate appreciated 17.71% over the last ten years, which is an average annual home appreciation rate of 1.64%, putting Le Claire in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Le Claire 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, Le Claire's appreciation rate, at 3.39%, has been at or slightly above the national average. In the latest quarter, Le Claire's appreciation rate has been -0.58%, which annualizes to a rate of -2.29%.
Notably, Le Claire's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Iowa, our data show that Le Claire's latest annual appreciation rate is lower than 60% of the other cities and towns in Iowa.
|$826,001 - $1,102,000||1.8|
|$551,001 - $826,000||10.8|
|$441,001 - $551,000||11.7|
|$331,001 - $441,000||15.2|
|$221,001 - $331,000||27.5|
|$110,001 - $221,000||25.1|
|$55,001 - $110,000||6.7|
|$0 - $55,000||0.7|
|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 Le Claire HOMES|
|2000 or Newer||34.3|
|1970 - 1999||17.2|
|1940 - 1969||33.7|
|1939 or Older||14.8|
|TYPE OF Le Claire HOMES|
|Small Apt. Buildings||3.4|
|SIZE OF Le Claire HOMES|
|5 or more bedrooms||5.58|