Walcott, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Walcott Neighborhoods Since 2000




Walcott, 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

Walcott Housing Market Information

With a population of 1,636, 690 total housing units (homes and apartments), and a median house value of $179,063, Walcott real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Walcott, accounting for 63.62% of the city's housing units. Other types of housing that are prevalent in Walcott include mobile homes or trailers ( 17.98%), duplexes, homes converted to apartments or other small apartment buildings ( 7.22%), and a few large apartment complexes or high rise apartments ( 6.81%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Walcott. Owner-occupied housing accounts for 82.61% of Walcott's homes, and 54.22% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Walcott 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 Walcott built between 1940-1969 ( 27.11%). A lesser amount of the housing stock also hails from before 1939 ( 16.89%). There's also some housing in Walcott built between 2000 and later ( 15.53%).

Walcott Home Appreciation Rates

Appreciation rates for homes in Walcott have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.97%, which ranks in the top 30% nationwide. This equates to an annual average Walcott house appreciation rate of 0.95%.

NeighborhoodScout's data show that during the latest twelve months, Walcott's appreciation rate, at 5.28%, has been at or slightly above the national average. In the latest quarter, Walcott's appreciation rate has been -0.58%, which annualizes to a rate of -2.29%.

Notably, Walcott's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$179,063

Walcott, IA HOME PRICES

Value Range
> $1,083,000 0.4
$813,001 - $1,083,000 0.0
$542,001 - $813,000 0.0
$433,001 - $542,000 0.3
$325,001 - $433,000 10.4
$217,001 - $325,000 19.3
$109,001 - $217,000 47.3
$54,001 - $109,000 14.3
$0 - $54,000 7.9

Very High for IA
High for Nation

Value Relative to Nation Value Relative to State
38.453650533224 18.1481481481481

Number Of Homes And Apartments:
690

Walcott 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
33.20% 1.68% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$716 / per month

Homeownership Rate

Homeownership
Owners 82.61
Renters 17.39
Vacant 5.99

Housing Market Details

 

Age of Homes

AGE OF Walcott HOMES
2000 or Newer 15.5
1970 - 1999 40.5
1940 - 1969 27.1
1939 or Older 16.9

Types of Homes

TYPE OF Walcott HOMES
Single-Family 63.6
Townhomes 4.4
Small Apt. Buildings 7.2
Apt. Complexes 6.8
Mobile Homes 18.0
Other 0.0

Home Size

SIZE OF Walcott HOMES
No Bedroom 1.09
1 Bedroom 11.85
2 Bedrooms 29.02
3 Bedrooms 41.83
4 Bedrooms 12.40
5 or more bedrooms 3.81

Popular Neighborhoods in Walcott

Zip Codes in Walcott, IA