Oconomowoc, WI is a great place to invest in real estate. The median housing value is $360,900, which is slightly higher than the US median of $338,100. Additionally, the appreciation rate over the past year was 11.17%, while the national average was 8.27%. This indicates that homeowners in Oconomowoc have seen a greater return on their investments than those across the country. For those looking for an area with high-value and strong potential for returns on real estate investments, Oconomowoc is a no-brainer.
The median home cost in Oconomowoc is $360,900. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Oconomowoc is up 15.5%.
Average Age of Homes
- The median age of Oconomowoc real estate is 36 years old
The Rental Market in Oconomowoc
- Renters make up 26.7% of the Oconomowoc population
- 1.3% of houses and apartments in Oconomowoc, 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.