The housing in Commonwealth, WI is quite desirable and relatively affordable. The median value of housing currently stands at $214,800 compared to the US median house value of $338,100. Additionally, the one year appreciation rate for housing in Commonwealth is 15.50%, which is higher than the US 1 year appreciation rate of 8.27%. This makes Commonwealth an excellent option for those looking for a good investment opportunity as it shows that the increased value of housing in this area will be greater than other parts of the country.
The median home cost in Commonwealth is $214,800. Home appreciation the last 10 years has been 76.5%. Home Appreciation in Commonwealth is up 18.8%.
Average Age of Homes
- The median age of Commonwealth real estate is 38 years old
The Rental Market in Commonwealth
- Renters make up 2.9% of the Commonwealth population
- 1.3% of houses and apartments in Commonwealth, 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.