Muscatine, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Muscatine Neighborhoods Since 2000




Muscatine, 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

Muscatine Housing Market Information

With 23,968 people, 9,318 houses or apartments, and a median cost of homes of $103,276, house prices in Muscatine are solidly below the national average.

Single-family detached homes are the single most common housing type in Muscatine, accounting for 68.78% of the city's housing units. Other types of housing that are prevalent in Muscatine include large apartment complexes or high rise apartments ( 13.43%), duplexes, homes converted to apartments or other small apartment buildings ( 8.71%), and a few mobile homes or trailers ( 7.12%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Muscatine. Owner-occupied housing accounts for 66.67% of Muscatine's homes, and 51.57% have either three or four bedrooms, which is average sized relative to America.

The housing in Muscatine was primarily built before 1939 ( 37.10%), making the housing stock in Muscatine some of the oldest overall in America, although there is a range of ages of homes in Muscatine. The next most important housing age is between 1970-1999 ( 30.54%), followed by between 1940-1969 ( 24.46%). There's also some housing in Muscatine built between 2000 and later ( 7.90%).

Muscatine Home Appreciation Rates

Appreciation rates for homes in Muscatine have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.83%, which ranks in the top 40% nationwide. This equates to an annual average Muscatine house appreciation rate of 0.85%.

NeighborhoodScout's data show that during the latest twelve months, Muscatine's appreciation rate, at 4.78%, has been at or slightly above the national average. In the latest quarter, Muscatine's appreciation rate has been 0.99%, which annualizes to a rate of 4.00%.

Relative to Iowa, our data show that Muscatine's latest annual appreciation rate is higher than 70% 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 Muscatine differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Muscatine - 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 Muscatine real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$103,276

Muscatine, IA HOME PRICES

Value Range
> $1,103,000 0.0
$828,001 - $1,103,000 0.2
$552,001 - $828,000 0.3
$441,001 - $552,000 0.3
$331,001 - $441,000 2.9
$221,001 - $331,000 7.9
$110,001 - $221,000 40.9
$55,001 - $110,000 34.3
$0 - $55,000 13.2

Low for IA
Low for Nation

Value Relative to Nation Value Relative to State
75.4834173209891 71.8518518518519

Number Of Homes And Apartments:
9,318

Muscatine 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
31.51% 1.60% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$996 / per month

Homeownership Rate

Homeownership
Owners 66.67
Renters 33.33
Vacant 8.37

Housing Market Details

 

Age of Homes

AGE OF Muscatine HOMES
2000 or Newer 7.9
1970 - 1999 30.5
1940 - 1969 24.5
1939 or Older 37.1

Types of Homes

TYPE OF Muscatine HOMES
Single-Family 68.8
Townhomes 2.0
Small Apt. Buildings 8.7
Apt. Complexes 13.4
Mobile Homes 7.1
Other 0.0

Home Size

SIZE OF Muscatine HOMES
No Bedroom 3.36
1 Bedroom 9.55
2 Bedrooms 33.98
3 Bedrooms 36.37
4 Bedrooms 15.20
5 or more bedrooms 1.54