The housing market in Elk, WI is thriving. The median value of homes in Elk is $244,700 which is significantly lower than the US median value of $338,100. In the last year, house appreciation rates have been very strong in Elk with a 1 year appreciation rate of 16.22%, which is more than double the national average of 8.27%. This suggests that now is a great time to invest in real estate in Elk as values continue to rise and opportunities are plentiful.
The median home cost in Elk is $244,700. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Elk is up 28.9%.
Average Age of Homes
- The median age of Elk real estate is 40 years old
The Rental Market in Elk
- Renters make up 6.1% of the Elk population
- 1.1% of houses and apartments in Elk, 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.