Phelps, WI is a great place to invest in the housing market. The median value of homes in Phelps is $268,100 which is significantly lower than the US median value of $338,100. Furthermore, Phelps has experienced a 16.22% house appreciation in the last year which is more than double the 8.27% appreciation rate seen across the country. All things considered, Phelps can be a good option for those looking to get into the housing market and take advantage of its potential for growth.
The median home cost in Phelps is $268,100. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Phelps is up 28.9%.
Average Age of Homes
- The median age of Phelps real estate is 43 years old
The Rental Market in Phelps
- Renters make up 7.2% of the Phelps population
- 4.2% of houses and apartments in Phelps, 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.