The housing market in French Island, WI has been performing very well over the past year. The median value of a house is $186,300 which is significantly lower than the US national average of $338,100. What is especially impressive is that the one year appreciation rate for houses in French Island is 11.74%, much higher than the 8.27% appreciation rate for houses across the United States as a whole. This demonstrates that investing in real estate in French Island can result in large returns over a short period of time.
The median home cost in French Island is $186,300. Home appreciation the last 10 years has been 71.4%. Home Appreciation in French Island is up 14.8%.
Average Age of Homes
- The median age of French Island real estate is 42 years old
The Rental Market in French Island
- Renters make up 30.1% of the French Island population
- 1.6% of houses and apartments in French Island, 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.