The housing market in Ephraim, WI is booming. The median value of homes in the area is $298,800, which is significantly less than the US median of $338,100. In the past year, house appreciation in Ephraim has been 14.94%, a whole 6.67% higher than the national average. This means that people are investing in this area and taking advantage of the ever increasing value of their homes. With such a high rate of appreciation and a low median price, it's no wonder why more people are looking to buy or invest in Ephraim!
The median home cost in Ephraim is $298,800. Home appreciation the last 10 years has been 77.5%. Home Appreciation in Ephraim is up 25.6%.
Average Age of Homes
- The median age of Ephraim real estate is 49 years old
The Rental Market in Ephraim
- Renters make up 2.5% of the Ephraim population
- 5.1% of houses and apartments in Ephraim, 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.