Home

Altoona, IA Real Estate


According to census data in the year 2000 there were 3,949 housing units in Altoona. This represents a 52.9% growth from 2,582 in 1990.

Of those housing units, 3,891 were located in either urbanized areas or urban clusters, and 58 were located in what is classified as a rural area.

Homeownership rate in Altoona is about 71%. Altoona's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Altoona were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom7.50%
Two Bedrooms26.70%
Three Bedrooms47.40%
Four Bedrooms16.20%
Five Bedrooms or more0.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1978
Median Value of occupied units$115,600
Median Price asked for vacant units$69,200

Rented Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1983
Median Monthly Rent asked for vacant units$512

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage13.60%
Home Equity Loan8.60%
Simple Mortgage61.60%
Debt Free15.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%