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 Type | 1.3% |
| One Bedroom | 10.6% |
| Two Bedrooms | 29.4% |
| Three Bedrooms | 39.5% |
| Four Bedrooms | 15.9% |
| Five Bedrooms or more | 3.4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $82,500 |
| Median Price asked for vacant units | $61,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $361 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.1% |
| Second Mortgage | 6.2% |
| Home Equity Loan | 7.4% |
| Simple Mortgage | 48.8% |
| Debt Free | 37.2% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
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