Shenandoah, IA


Highest Appreciating Shenandoah Neighborhoods Since 2000

Shenandoah, 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

Shenandoah Housing Market Information

With a population of 5,021, 2,115 total housing units (homes and apartments), and a median house value of $90,635, house prices in Shenandoah 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 Shenandoah, accounting for 77.01% of the city's housing units. Other types of housing that are prevalent in Shenandoah include large apartment complexes or high rise apartments ( 13.82%), duplexes, homes converted to apartments or other small apartment buildings ( 5.86%), and a few row houses and other attached homes ( 2.26%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Shenandoah. Owner-occupied housing accounts for 66.96% of Shenandoah's homes, and 49.66% have either three or four bedrooms, which is average sized relative to America.

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. Shenandoah's housing was primarily built during this period, from the '40s through the '60s. A full 40.77% of the city's housing hails from this era. Other housing ages represented in Shenandoah include homes built before 1939 ( 36.53%) and housing constructed between 1970-1999 ( 18.06%). There's also some housing in Shenandoah built between 2000 and later ( 4.65%).

Vacant housing appears to be an issue in Shenandoah. Fully 14.55% of the housing stock is classified as vacant. Left unchecked, vacant Shenandoah homes and apartments can be a drag on the real estate market, holding Shenandoah 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.

Shenandoah Home Appreciation Rates

Real estate appreciation rates in Shenandoah's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.38% during the period.

Over the last year, Shenandoah appreciation rates have trailed the rest of the nation. In the last twelve months, Shenandoah's appreciation rate has been -0.48%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Shenandoah were at 0.99%, which equates to an annual appreciation rate of 4.00%.

Relative to Iowa, our data show that Shenandoah's latest annual appreciation rate is lower than 90% of the other cities and towns in Iowa.

Average Home Values


Median Home Value:

Shenandoah, IA HOME PRICES

Value Range
> $998,000 0.0
$749,001 - $998,000 0.0
$499,001 - $749,000 0.0
$400,001 - $499,000 0.4
$300,001 - $400,000 1.4
$200,001 - $300,000 5.1
$100,001 - $200,000 27.6
$50,001 - $100,000 43.5
$0 - $50,000 22.1

Very Low for IA
Very Low for Nation

Value Relative to Nation Value Relative to State
83.5726004922067 84.6913580246914

Number Of Homes And Apartments:

Shenandoah Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
13.33% 0.73% 1 1
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,165 / per month

Homeownership Rate

Owners 66.96
Renters 33.04
Vacant 14.55

Housing Market Details


Age of Homes

AGE OF Shenandoah HOMES
2000 or Newer 4.6
1970 - 1999 18.1
1940 - 1969 40.8
1939 or Older 36.5

Types of Homes

TYPE OF Shenandoah HOMES
Single-Family 77.0
Townhomes 2.3
Small Apt. Buildings 5.9
Apt. Complexes 13.8
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF Shenandoah HOMES
No Bedroom 2.38
1 Bedroom 12.20
2 Bedrooms 31.80
3 Bedrooms 37.49
4 Bedrooms 12.16
5 or more bedrooms 3.96

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Zip Codes in Shenandoah, IA