Muscatine, Iowa Real Estate & Housing Market

Muscatine, IA Listings

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Muscatine Housing Information

Index	Muscatine	Iowa	National
Median home price	$109,000	$132,800	$184,700
Median rent asked	$779	$715	$949
Avg. people per household	2.4	2.4	2.6
Owner occupied households	68.4%	71.1%	63.6%
Renter occupied households	31.6%	28.9%	36.4%

Above, you will see a summary of real estate in Muscatine, IA. On average, homes in Muscatine, IA cost $109,000, a value that is 18% lower than the average in Iowa. In general terms, this results in Muscatine, IA real estate being more affordable than Iowa real estate. On average, people who rent houses in Muscatine, IA pay $779; this value is 9% higher than the average amount renters pay in Iowa. 68.4% of Muscatine, IA residents own their own homes and, on average, each of the homes has 2.4 occupants. Muscatine, IA real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Muscatine, IA is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Muscatine Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Muscatine, IA. To estimate home affordability, one method is to use the ratio of home price to median household income. The Muscatine, IA’s median home price stands at $109,000 while $50,059 is the value of the average household income. The resulting home price to income ratio, which is 2.2x, differs from the Iowa average as the ratio is 11% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Muscatine, IA are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Muscatine, IA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Conesville, IA	617	$66,100	64%
Fredonia, IA	313	$73,300	60%
Stockton, IA	235	$80,800	56%
Letts, IA	410	$82,700	55%
Grandview, IA	449	$90,800	51%
Muscatine, IA	23,909	$109,000	41%

Cities with similar population

City, State	Population	Home Price	National Avg.
Williston, ND	23,902	$223,800	21%
Centerville, OH	23,899	$179,600	3%
Corsicana, TX	23,923	$80,700	56%
Fort Washington, MD	23,895	$305,800	66%
Champlin, MN	23,929	$205,700	11%
Muscatine, IA	23,909	$109,000	41%

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