Maquoketa, Iowa Real Estate & Housing Market

Maquoketa, IA Listings

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Maquoketa Housing Information

Index	Maquoketa	Iowa	National
Median home price	$87,800	$132,800	$184,700
Median rent asked	$582	$715	$949
Avg. people per household	2.2	2.4	2.6
Owner occupied households	64.4%	71.1%	63.6%
Renter occupied households	35.6%	28.9%	36.4%

Above, you'll find an overview of the real estate market in Maquoketa, IA. Generally, real estate in the Maquoketa, IA area is more affordable in Iowa, as the median price of a home in Maquoketa, IA is $87,800, which is 34% lower than the Iowa average. The median rental price in Maquoketa, IA is $582. This is 19% lower than the average rental price in Iowa. Home owners comprise 64.4% of the population of Maquoketa, IA, where an average of 2.2 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Maquoketa, IA. Below, you can search for real estate listings in Maquoketa, IA using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Maquoketa Home Affordability

When searching for real estate in Maquoketa, IA, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Maquoketa, IA, the median house price is $87,800, while the median income for households in the area is $40,982. Therefore, the ratio of house price to income is 2.1x; this ratio is 12% lower than the average in Iowa. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Maquoketa, IA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Monmouth, IA	169	$49,300	73%
Oxford Junction, IA	411	$53,400	71%
Toronto, IA	120	$55,400	70%
Baldwin, IA	146	$64,000	65%
Spragueville, IA	107	$67,500	63%
Maquoketa, IA	6,025	$87,800	52%

Cities with similar population

City, State	Population	Home Price	National Avg.
Munford, TN	6,025	$148,300	20%
Waupaca, WI	6,026	$103,700	44%
Ashton-Sandy Spring, MD	6,024	$624,800	238%
Estherville, IA	6,027	$81,200	56%
Pahokee, FL	6,022	$77,000	58%
Maquoketa, IA	6,025	$87,800	52%

Source: The Maquoketa, IA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).