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Iowa Real Estate


According to census data in the year 2000 there were 1,232,511 housing units in Iowa. This represents a 7.8% from 1,143,669 in 1990.

Of those housing units, 756,646 were located in either urbanized areas or urban clusters, and 475,865 were located in what is classified as a rural area.

Homeownership rate in Iowa is about 72.3%. Iowa's vacancy rate, including seasonal lodging, is about 6.8%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Iowa were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type1.3%
One Bedroom10.6%
Two Bedrooms29.4%
Three Bedrooms39.5%
Four Bedrooms15.9%
Five Bedrooms or more3.4%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1958
Median Value of occupied units$82,500
Median Price asked for vacant units$61,800

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1963
Median Monthly Rent asked for vacant units$361

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage6.2%
Home Equity Loan7.4%
Simple Mortgage48.8%
Debt Free37.2%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%

Cities & Towns


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