Maquoketa, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Maquoketa Neighborhoods Since 2000




Maquoketa, 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

Maquoketa Housing Market Information

With 5,989 people, 2,631 houses or apartments, and a median cost of homes of $106,833, house prices in Maquoketa are solidly below the national average.

Single-family detached homes are the single most common housing type in Maquoketa, accounting for 64.48% of the city's housing units. Other types of housing that are prevalent in Maquoketa include duplexes, homes converted to apartments or other small apartment buildings ( 14.29%), large apartment complexes or high rise apartments ( 11.04%), and a few mobile homes or trailers ( 8.73%).

The most prevalent building size and type in Maquoketa are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.04% owning and 37.96% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Maquoketa's housing was primarily built during this period, from the '40s through the '60s. A full 31.67% of the city's housing hails from this era. Other housing ages represented in Maquoketa include homes built before 1939 ( 30.71%) and housing constructed between 1970-1999 ( 30.21%). There's also some housing in Maquoketa built between 2000 and later ( 7.41%).

Maquoketa Home Appreciation Rates

Appreciation rates for homes in Maquoketa have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.59%, which ranks in the top 30% nationwide. This equates to an annual average Maquoketa house appreciation rate of 1.28%.

NeighborhoodScout's data show that during the latest twelve months, Maquoketa's appreciation rate, at 4.13%, has been at or slightly above the national average. In the latest quarter, Maquoketa's appreciation rate has been 0.99%, which annualizes to a rate of 4.00%.

Relative to Iowa, our data show that Maquoketa's latest annual appreciation rate is higher than 50% of the other cities and towns in Iowa.

Average Home Values

 

Median Home Value:
$106,833

Maquoketa, IA HOME PRICES

Value Range
> $1,056,000 0.0
$792,001 - $1,056,000 0.0
$528,001 - $792,000 0.0
$423,001 - $528,000 0.0
$317,001 - $423,000 3.1
$211,001 - $317,000 6.6
$106,001 - $211,000 27.6
$53,001 - $106,000 45.9
$0 - $53,000 16.8

Low for IA
Low for Nation

Value Relative to Nation Value Relative to State
73.160084378296 67.4074074074074

Number Of Homes And Apartments:
2,631

Maquoketa 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
33.21% 1.68% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$635 / per month

Homeownership Rate

Homeownership
Owners 62.04
Renters 37.96
Vacant 6.27

Housing Market Details

 

Age of Homes

AGE OF Maquoketa HOMES
2000 or Newer 7.4
1970 - 1999 30.2
1940 - 1969 31.7
1939 or Older 30.7

Types of Homes

TYPE OF Maquoketa HOMES
Single-Family 64.5
Townhomes 1.5
Small Apt. Buildings 14.3
Apt. Complexes 11.0
Mobile Homes 8.7
Other 0.0

Home Size

SIZE OF Maquoketa HOMES
No Bedroom 0.53
1 Bedroom 10.83
2 Bedrooms 35.27
3 Bedrooms 39.58
4 Bedrooms 11.08
5 or more bedrooms 2.71

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Zip Codes in Maquoketa, IA