Waukee, IA 50263 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Waukee, IA—50263

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$337,000

1.1% YoY Growth

Household Income

$108,000

14.6% YoY Growth

Days on Market

10.0% Shorter YoY

Home Price Forecast

0.7%

Median Rent

$1,900

13.6% YoY Growth

1-Bed Rent

$1,100

N/A

2-Bed Rent

$1,580

24.8% YoY Growth

3-Bed Rent

$1,920

1.0% YoY Growth

Home Price Trends — Waukee, IA

As of Dec '25, the median home price in Waukee, IA is $337,000, with a year-over-year change of -1.1%. This indicates that home prices in Waukee, IA are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$337,000	-1.1%
Single Family	$362,000	-1.4%
Condos	$189,000	-0.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Waukee, IA

As of July '25, Rentcast reports the average rent in Waukee, IA is $1,910, with a year-over-year rent change of -13.6%. Per bedroom, the median rent as of July '25 in Waukee, IA is studios: $929, 1-bedrooms: $1,240, 2-bedrooms: $1,560, 3-bedrooms: $2,000, 4-bedrooms: $2,500. The most common rental property sizes in Waukee, IA are 2-bedroom and 1-bedroom, accounting for 52.3% and 20.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,900	$1,910
Studio Rent	$990	$929
1 Bed Rent	$1,100	$1,240
2 Bed Rent	$1,580	$1,560
3 Bed Rent	$1,920	$2,000
4 Bed Rent	$2,450	$2,500

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% of Rental Stock

Studio

3.5%

1 Bedroom

20.8%

2 Bedrooms

52.3%

3 Bedrooms

19.1%

4 Bedrooms

3.2%

5+ Bedrooms

1.0%

Property Listings — Waukee, IA

As of Dec '25, Realtor.com reports that the median days on market for a home in Waukee, IA is 65. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$412,000	-1.0%
Listing Count	361	1.0%
Listings as % of Homes	2.5%	1.0%
Days on Market	77	-10.0%

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Demographics — Waukee, IA

As of the latest ACS Survey released in 2023, Waukee, IA has a population of 27,600, which has increased by 15.5% over the past 5 years. Waukee, IA is a popular place for families, as children make up 28.5% of the population. The area has a highly educated workforce, with 57.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	27,600	15.5%
% Under 18	28.5%	-5.3%
% Seniors	10.9%	11.2%
% WFH	20.5%	318.4%
% w/ College Degree	57.3%	3.4%

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As of the latest ACS Survey released in 2023, Waukee, IA is a predominantly white area, with 77.3% of the population identifying as white. The white population has shrunk by 12.1% in the last 5 years. The second most common race or ethnicity in Waukee, IA is asian, making up 6.4% of the population. Foreign-born residents account for 12.9% of the population in Waukee, IA, and this percentage has increased by 69.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	77.3%	-12.1%
% Black	4.3%	258.3%
% Hispanic	5.8%	7.4%
% Asian	6.4%	93.9%
% Foreign Born	12.9%	69.7%

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Mortgage and Risk — Waukee, IA

According to HUD data as of 2023, there were 451 mortgage originations in Waukee, IA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Waukee, IA. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	451
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Waukee, IA

As of 2024, the percent of homes in Waukee, IA under the Section 8 program is 5.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Waukee, IA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	204
Total Units Section 8	204
% Rentals under Section 8	5.9%
% Occupied Section 8	97.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$60	$1,100	$1,160
2 Bedroom	-$190	$1,580	$1,390
3 Bedroom	-$50	$1,920	$1,870
4 Bedroom	-$580	$2,450	$1,870

Waukee, IA—50263

Key Metrics at a Glance

Home Price Trends — Waukee, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Waukee, IA

% of Rental Stock

Property Listings — Waukee, IA

Demographics — Waukee, IA

Race and Ethnicity

Mortgage and Risk — Waukee, IA

Mortgages

Rentals and Section 8 — Waukee, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Waukee, IA

Home Price to Income Ratio

Waukee, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Urbandale, IA

West Des Moines, IA

Clive, IA

Booneville, IA

Dallas Center, IA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$337,000
Median Household Income	$108,000

Waukee, IA—50263

Key Metrics at a Glance

Home Price Trends — Waukee, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Waukee, IA

% of Rental Stock

Property Listings — Waukee, IA

Demographics — Waukee, IA

Race and Ethnicity

Mortgage and Risk — Waukee, IA

Mortgages

Rentals and Section 8 — Waukee, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Waukee, IA

Home Price to Income Ratio

Waukee, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Urbandale, IA

West Des Moines, IA

Clive, IA

Booneville, IA

Dallas Center, IA

Frequently Asked Questions

What is the average home price in Waukee, IA 50263?

How have home prices in Waukee, IA 50263 changed over the past year?

What is the home price projection for Waukee, IA 50263?

What are the demographics of Waukee, IA 50263?

How long does it take homes to sell in Waukee, IA 50263?

What is the average rent price in Waukee, IA 50263?