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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Oskaloosa, IA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Oskaloosa, IA Housing Market Trends

With a population of 11,482, 4,588 total housing units (homes and apartments), and a median house value of $161,759, house prices in Oskaloosa 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 Oskaloosa, accounting for 71.84% of the city's housing units. Other types of housing that are prevalent in Oskaloosa include duplexes, homes converted to apartments or other small apartment buildings ( 12.76%), large apartment complexes or high rise apartments ( 8.70%), and a few mobile homes or trailers ( 5.49%).

People in Oskaloosa primarily live in small (one, two or no bedroom) single-family detached homes. Oskaloosa has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Oskaloosa built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Oskaloosa built before 1939 ( 29.79%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.73%). There's also some housing in Oskaloosa built between 2000 and later ( 13.09%).

Oskaloosa Home Appreciation Rates

Oskaloosa's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Oskaloosa during the period has been just 5.48%, which is lower than 70% of US communities.

Appreciation rates are so strong in Oskaloosa that despite a nationwide downturn in the housing market, Oskaloosa real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Oskaloosa appreciation rates continue to be some of the highest in America, at 9.45%, which is higher than appreciation rates in 83.95% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Oskaloosa. Oskaloosa appreciation rates in the latest quarter were at 2.03%, which equates to an annual appreciation rate of 8.38%.

Relative to Iowa, our data show that Oskaloosa's latest annual appreciation rate is higher than 90% of the other cities and towns in Iowa.

Average Home Values

Median Home Value

$161,759

Oskaloosa, IA Home Prices
> $1,418,000
$1,063,001 - $1,418,000
$709,001 - $1,063,000
$567,001 - $709,000
$425,001 - $567,000
$283,001 - $425,000
$142,001 - $283,000
$71,001 - $142,000
$0 - $71,000
0.0%
0.0%
0.5%
0.5%
0.7%
0.7%
1.4%
1.4%
4.5%
4.5%
19.4%
19.4%
34.9%
34.9%
28.0%
28.0%
10.7%
10.7%
0% 100.0%
% of Homes
Very Low

for Iowa

Very Low

for nation

Number of Homes And Apartments:

4,588

Oskaloosa Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,167 / per month

Homeownership Rate

Owners
Renters
55.0%
55.0%
45.0%
45.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.7%
9.7%
90.3%
90.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
13.1%
13.1%
31.4%
31.4%
25.7%
25.7%
29.8%
29.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
71.8%
71.8%
1.2%
1.2%
12.8%
12.8%
8.7%
8.7%
5.5%
5.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.6%
0.6%
8.8%
8.8%
41.6%
41.6%
35.3%
35.3%
11.0%
11.0%
2.7%
2.7%
0% 100.0%
% of Homes

Popular Communities Near Oskaloosa, IA

Zip Codes in Oskaloosa, IA