The Iowa real estate market offers urban and rural living west of Des Moines. Homebuyers seeking spacious accommodations and great bargains are attracted to the properties throughout western Iowa. Western Iowa real estate features quiet homes in a relaxing, Midwest environment. However, the solitude offered by western Iowa real estate does not come at the expense of the conveniences of urban living. The cities throughout the western Iowa real estate market offer the same cultural and recreation opportunities found in metropolitan areas. Sioux City, the center of western Iowa, is home to the Sioux City Public Museum, the Sioux City Art Center, and the Orpheum Theatre. Western Iowa cities feature parks and outdoor recreation set along a scenic rural landscape.
Urban Western Iowa Real Estate
Sioux City is the largest urban area in the western Iowa real estate market and is located along the Nebraska border. With a population of approximately 85,000, Sioux City is the fourth largest city represented in the Iowa real estate market. The average property value in Sioux City is $106K, while homes can be found for as low as $45K. Keeping in trend with the Iowa real estate market, the average monthly rate for Sioux City rentals is $523. With an estimated population of 25,000, Fort Dodge is the second largest city in the western Iowa real estate market. There are nine distinct neighborhoods in Fort Dodge with homes ranging from $60K to $140K. Other small-sized cities in the Western Iowa real estate market include Carroll, Boone and Spencer.
Rural Western Iowa Real Estate
Western Iowa real estate sits on expansive areas of rural land. However, many small communities are located away from the urban centers of Iowa. The towns of Webster City and Perry both serve as centers of rural Iowa. Reflecting its small population, Webster City homes are divided into three neighborhoods. Webster City is best characterized as a blue-collar town, with homes averaging $108K. Over 75 percent of Webster City residents live in single-families homes. The community of Perry has a population of 7,633 and features historic homes averaging $105K.
The urban centers of western Iowa represent a diverse labor force. Manufacturing is the leading industry, while residents hold a wide range of white-collar positions. In Sioux City, the rate of college-educated residents is above the national average. Meanwhile, Fort Dodge is the commercial center of the region and is the manufacturing base for various industries. Communities in the western Iowa real estate market are predominantly middle class. The manufacturing and agricultural industry supports the communities in smaller western Iowa towns. The selection of affordable homes amidst a diverse economy makes western Iowa real estate an ideal investment.