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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 7,763 people, 3,250 houses or apartments, and a median cost of homes of $158,665, house prices in Webster City are some of the most affordable in Iowa as well as the nation.
Single-family detached homes are the single most common housing type in Webster City, accounting for 70.27% of the city's housing units. Other types of housing that are prevalent in Webster City include large apartment complexes or high rise apartments ( 16.44%), duplexes, homes converted to apartments or other small apartment buildings ( 8.92%), and a few row houses and other attached homes ( 3.72%).
The most prevalent building size and type in Webster City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.15% owning and 36.85% renting.
The housing in Webster City was primarily built before 1939 ( 38.37%), making the housing stock in Webster City some of the oldest overall in America, although there is a range of ages of homes in Webster City. The next most important housing age is between 1970-1999 ( 29.81%), followed by between 1940-1969 ( 27.08%). There's also some housing in Webster City built between 2000 and later ( 4.73%).
Webster City's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Webster City during the period has been just 4.86%, which is lower than 80% of US communities.
Appreciation rates are so strong in Webster City that despite a nationwide downturn in the housing market, Webster City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Webster City appreciation rates continue to be some of the highest in America, at 9.04%, which is higher than appreciation rates in 92.73% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Webster City. Webster City appreciation rates in the latest quarter were at 0.85%, which equates to an annual appreciation rate of 3.46%.
Relative to Iowa, our data show that Webster City's latest annual appreciation rate is higher than 90% of the other cities and towns in Iowa.
$158,665
for Iowa
for nation
3,250
$1,200 / per month