West Burlington, IA52655

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$164,000
2.6% YoY Growth
Median Household Income
$54,400
12.2% 5-Year Growth
Days on Market
35
60.0% Shorter than last year
Home Price Forecast
-1.5%
Median Rent
$850
1.6% YoY Growth
1-Bed Rent
$750
N/A
2-Bed Rent
$850
9.8% YoY Growth
3-Bed Rent
$925
9.8% YoY Growth

Property Listings — West Burlington, IA

As of Aug '25 and according to Realtor.com, the median days on market for a home in West Burlington, IA is 35. This is an decrease of -60.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$202,000-16.0%
Listing Count
15N/A
Listings as % of Homes0.6%N/A
Days on Market
35-60.0%
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Demographics — West Burlington, IA

MetricLatest CensusYoY % Change
Population
4,3002.2%
% Under 18
23.4%14.1%
% Under 5N/AN/A
% Seniors
21.0%4.5%
% WFH
2.2%-50.0%
% w/ College Degree
23.2%24.1%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
86.4%-3.0%
% Black
4.6%27.8%
% Hispanic
3.0%200.0%
% Asian
0.1%-96.7%
% Foreign Born
1.7%-34.6%
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Mortgage and Risk — West Burlington, IA

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in West Burlington, IA in that year was 60. 80.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 68.0%. Of those, 32.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in West Burlington, IA. Investor activity in West Burlington, IA is low, as 0.0% of all loans are originated by investors. In 2023, 5.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
60N/AN/A
% Conventional Loans
80.0%N/AN/A
% Government Loans
20.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
2.0%N/AN/A
% Cash Out Refinance
5.0%N/AN/A
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Rentals and Section 8 — West Burlington, IA

As of 2024, the percent of homes in West Burlington, IA under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
116
Total Units Section 8
115
% Rentals under Section 8
N/A
% Occupied Section 8
91.1%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$40$750$790
2 Bedroom$190$850$1,040
3 Bedroom$355$925$1,280
4 Bedroom$280$1,100$1,380

Affordability — West Burlington, IA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.4N/AN/A
Median Home Price$164,000N/AN/A
Median Household Income$54,400N/AN/A

West Burlington, IA — ZIP Code Boundary Map

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