Median price for residential apartments in Altoona, IA as of Oct, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
192 Altoona, IA, USA apartments for sale
Altoona
According to statistics, the population in Altoona, IA amounts to 17,354, which shows growth 4% compared to the previous year. The median age of the city’s residents is 34. The average household income is $77,801, shifting growth 7% from the past year, and the average property value in Altoona, IA growth 4% to $174,700 throughout the year.
| Population | 17,354 |
| Median Age | 34.3 |
| Poverty Rate | 6% |
| Household Income | $77,801 |
| Number Of Employees | 9,397 |
| Median Property Value | $174,700 |
Household Income
The average household income in Altoona, IA grew from $72,398 to $77,801 in the past year. This data is an estimate based upon 6,242 households in Altoona, IA . The chart below presents how household income is distributed in Altoona, IA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Altoona, IA shifted from $168,100 to $174,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Altoona, IA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Altoona, IA properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Altoona, IA compared to median property taxes around the country. The prevalent amount of property taxes in Altoona, IA equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Altoona, IA, USA
Average apartment sale in Altoona: $290,798 (-10.7%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $137,260 | -45.9% |
| 2-bed apartments | $216,287 | +18.7% |
| 3-bed apartments | $329,216 | -1% |
| 4+ bed apartments | $365,893 | -15.8% |
During Oct 2022, the average price for an apartment in/near Altoona, IA decreased by 10.7% to $290,798.
Asking price for 2-bed apartment also increased by 18.7% and a place of this size will now cost you $216,287. A 3-bed apartment goes for $329,216, it decreased by 1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 15.8% and made it down to $365,893.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Condos for sale | $230,110 | +15.4% |
| Houses for sale | $343,614 | -4.3% |
| Lofts for sale | $243,750 | N/A |
| Other for sale | $429,990 | +75.9% |
| Townhouses for sale | $392,972 | N/A |
| Duplexes for sale | $315,000 | N/A |
| Land for sale | $92,750 | +42.7% |
Price reports demonstrate that house price decreased by 4.3% this month making it up to $343,614. Condos are really in demand in this season. The median price for a condo increased by 15.4%, it’s now available for $230,110. An average value of duplex is $315,000, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $243,750. Value of the townhouses didn’t change, the price still starts at $392,972.