Algoma, WI has a median housing value of $197,900 and has experienced an impressive 14.94% appreciation in value in the last year. This is well above the US average of 8.27%, indicating that now is a great time to invest in the housing market here. This figure also puts Algoma's median housing value significantly below the national average of $338,100, making it an attractive option for potential home buyers looking to get more bang for their buck.
The median home cost in Algoma is $197,900. Home appreciation the last 10 years has been 77.5%. Home Appreciation in Algoma is up 25.6%.
Average Age of Homes
- The median age of Algoma real estate is 60 years old
The Rental Market in Algoma
- Renters make up 27.2% of the Algoma population
- 3.1% of houses and apartments in Algoma, 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.