The housing market in Lannon, WI is a strong one. The median value of a house in the area is $349,900, which is slightly higher than the US median of $338,100. Furthermore, the 1 year house appreciation in Lannon is 11.17%, which is significantly higher than the US average appreciation rate of 8.27%. This indicates that housing prices in Lannon have been steadily increasing over the past year and this trend looks likely to continue into the future. Therefore, now may be an ideal time to purchase property in Lannon as it could yield a good investment return in the long run.
The median home cost in Lannon is $349,900. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Lannon is up 15.5%.
Average Age of Homes
- The median age of Lannon real estate is 46 years old
The Rental Market in Lannon
- Renters make up 16.5% of the Lannon population
- 0.0% of houses and apartments in Lannon, 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.