The housing market in Beloit, WI is looking positive. The median value of the housing in Beloit is $144,500, which is significantly lower than the US house median value of $338,100. Despite this, the one year appreciation rate in Beloit is 12.97%, which is higher than the US one year house appreciation rate of 8.27%. This indicates that housing in Beloit could be a good investment right now and that it is an area to watch for potential buyers.
The median home cost in Beloit is $144,500. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Beloit is up 15.0%.
Average Age of Homes
- The median age of Beloit real estate is 62 years old
The Rental Market in Beloit
- Renters make up 37.0% of the Beloit population
- 1.6% of houses and apartments in Beloit, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.