The housing market in Colby, WI is quite impressive compared to the rest of the United States. The median value for a house in Colby is $151,900, which is well below the national median of $338,100. Furthermore, over the past year houses in Colby have appreciated by 14.05%, while the US rate of appreciation was 8.27%. This suggests that Colby is an ideal location for people looking to purchase a home as they are likely to see a good return on their investment.
The median home cost in Colby is $151,900. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Colby is up 17.1%.
Average Age of Homes
- The median age of Colby real estate is 43 years old
The Rental Market in Colby
- Renters make up 38.4% of the Colby population
- 3.5% of houses and apartments in Colby, 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.