The housing market in Drammen, WI is thriving and steadily appreciating. The median value of a home in Drammen is $335,900, slightly lower than the US House Median Value of $338,100. However, it has seen a higher appreciation rate of 14.18% over the past year compared to 8.27% nationwide. This could be attributed to the attractive investment opportunities offered by this area as well as its strong economy and job market. As such, those looking to buy a home in this area can be assured of great returns if they make an informed purchase decision.
The median home cost in Drammen is $335,900. Home appreciation the last 10 years has been 87.4%. Home Appreciation in Drammen is up 16.3%.
Average Age of Homes
- The median age of Drammen real estate is 37 years old
The Rental Market in Drammen
- Renters make up 6.4% of the Drammen population
- 2.2% of houses and apartments in Drammen, 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.