Elkhart Lake, WI is a great place to invest in real estate. The housing median value is $318,100, which is slightly lower than the US housing median value of $338,100. Over the past year, house appreciation in Elkhart Lake has been 11.17%, compared to 8.27% for the nation as a whole. This makes it an attractive market for buyers who want to increase their investment and build equity quickly. There are also plenty of amenities such as shops, restaurants and parks that make Elkhart Lake an appealing place to live. Therefore, investing in property here can be a great long-term decision for those looking for steady value growth and a desirable place to call home.
The median home cost in Elkhart Lake is $318,100. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Elkhart Lake is up 15.5%.
Average Age of Homes
- The median age of Elkhart Lake real estate is 46 years old
The Rental Market in Elkhart Lake
- Renters make up 16.5% of the Elkhart Lake population
- 0.0% of houses and apartments in Elkhart Lake, 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.