Housing in Downing, WI has seen substantial growth in the past year. The median value of a house is $224,700, which although lower than the national average of $338,100, has appreciated at a rate of 14.18%, substantially higher than the national rate of 8.27%. This indicates that homes in Downing are appreciating faster than most other areas in the US and could be an attractive option for potential home buyers looking for an affordable area to invest in real estate.
The median home cost in Downing is $224,700. Home appreciation the last 10 years has been 87.4%. Home Appreciation in Downing is up 16.3%.
Average Age of Homes
- The median age of Downing real estate is 47 years old
The Rental Market in Downing
- Renters make up 17.3% of the Downing population
- 5.0% of houses and apartments in Downing, 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.