Urbandale, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Urbandale Neighborhoods Since 2000




Urbandale, 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

Urbandale Housing Market Information

With 44,062 people, 16,720 houses or apartments, and a median cost of homes of $226,154, Urbandale real estate is some of the most expensive in Iowa, although Urbandale home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Urbandale, accounting for 70.01% of the city's housing units. Other types of housing that are prevalent in Urbandale include large apartment complexes or high rise apartments ( 18.66%), row houses and other attached homes ( 9.56%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.61%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Urbandale. Owner-occupied housing accounts for 80.27% of Urbandale's homes, and 60.68% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Urbandale built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Urbandale built between 2000 and later ( 29.32%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.23%). There's also some housing in Urbandale built before 1939 ( 3.44%).

Urbandale Home Appreciation Rates

Appreciation rates for homes in Urbandale have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.91%, which ranks in the top 30% nationwide. This equates to an annual average Urbandale house appreciation rate of 0.95%.

NeighborhoodScout's data show that during the latest twelve months, Urbandale's appreciation rate, at 4.83%, has been at or slightly above the national average. In the latest quarter, Urbandale's appreciation rate has been 1.37%, which annualizes to a rate of 5.58%.

Relative to Iowa, our data show that Urbandale'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 Urbandale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Urbandale - 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 Urbandale real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$226,154

Urbandale, IA HOME PRICES

Value Range
> $1,135,000 0.4
$851,001 - $1,135,000 0.3
$567,001 - $851,000 1.6
$454,001 - $567,000 2.7
$340,001 - $454,000 7.7
$227,001 - $340,000 28.7
$113,001 - $227,000 49.0
$57,001 - $113,000 6.9
$0 - $57,000 2.7

Very High for IA
High for Nation

Value Relative to Nation Value Relative to State
26.5791632485644 7.16049382716049

Number Of Homes And Apartments:
16,720

Urbandale 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
34.69% 1.74% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$997 / per month

Homeownership Rate

Homeownership
Owners 80.27
Renters 19.73
Vacant 4.26

Housing Market Details

 

Age of Homes

AGE OF Urbandale HOMES
2000 or Newer 29.3
1970 - 1999 47.0
1940 - 1969 20.2
1939 or Older 3.4

Types of Homes

TYPE OF Urbandale HOMES
Single-Family 70.0
Townhomes 9.6
Small Apt. Buildings 1.6
Apt. Complexes 18.7
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Urbandale HOMES
No Bedroom 1.87
1 Bedroom 5.07
2 Bedrooms 26.16
3 Bedrooms 34.18
4 Bedrooms 26.50
5 or more bedrooms 6.22