New Hampton, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating New Hampton Neighborhoods Since 2000




New Hampton, 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

New Hampton Housing Market Information

With 3,452 people, 1,548 houses or apartments, and a median cost of homes of $113,676, house prices in New Hampton are solidly below the national average.

Single-family detached homes are the single most common housing type in New Hampton, accounting for 70.61% of the city's housing units. Other types of housing that are prevalent in New Hampton include large apartment complexes or high rise apartments ( 18.92%), duplexes, homes converted to apartments or other small apartment buildings ( 3.82%), and a few mobile homes or trailers ( 3.76%).

The most prevalent building size and type in New Hampton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.53% owning and 41.47% renting.

The housing in New Hampton was primarily built before 1939 ( 35.78%), making the housing stock in New Hampton some of the oldest overall in America, although there is a range of ages of homes in New Hampton. The next most important housing age is between 1970-1999 ( 29.64%), followed by between 1940-1969 ( 29.07%). There's also some housing in New Hampton built between 2000 and later ( 5.51%).

New Hampton Home Appreciation Rates

Appreciation rates for homes in New Hampton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 14.13%, which ranks in the top 30% nationwide. This equates to an annual average New Hampton house appreciation rate of 1.33%.

Over the last year, New Hampton appreciation rates have trailed the rest of the nation. In the last twelve months, New Hampton's appreciation rate has been 1.27%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in New Hampton were at 0.99%, which equates to an annual appreciation rate of 4.00%.

Relative to Iowa, our data show that New Hampton's latest annual appreciation rate is lower than 80% of the other cities and towns in Iowa.

Average Home Values

 

Median Home Value:
$113,676

New Hampton, IA HOME PRICES

Value Range
> $1,125,000 0.0
$844,001 - $1,125,000 0.0
$562,001 - $844,000 0.0
$450,001 - $562,000 0.0
$337,001 - $450,000 1.1
$225,001 - $337,000 8.1
$113,001 - $225,000 42.7
$56,001 - $113,000 40.1
$0 - $56,000 8.0

Low for IA
Low for Nation

Value Relative to Nation Value Relative to State
69.1316067033869 60.2469135802469

Number Of Homes And Apartments:
1,548

New Hampton 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
36.96% 1.84% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$742 / per month

Homeownership Rate

Homeownership
Owners 58.53
Renters 41.47
Vacant 3.01

Housing Market Details

 

Age of Homes

AGE OF New Hampton HOMES
2000 or Newer 5.5
1970 - 1999 29.6
1940 - 1969 29.1
1939 or Older 35.8

Types of Homes

TYPE OF New Hampton HOMES
Single-Family 70.6
Townhomes 2.9
Small Apt. Buildings 3.8
Apt. Complexes 18.9
Mobile Homes 3.8
Other 0.0

Home Size

SIZE OF New Hampton HOMES
No Bedroom 0.00
1 Bedroom 9.40
2 Bedrooms 32.27
3 Bedrooms 41.10
4 Bedrooms 12.53
5 or more bedrooms 4.70

Popular Neighborhoods in New Hampton

Popular Communities Near New Hampton, IA

Zip Codes in New Hampton, IA