The housing market in Mayville, WI is doing better than the country average. The median value of homes in Mayville is $203,600, which is far lower than the US house median value of $338,100. However, over a one-year period, the appreciation rate of houses in Mayville has exceeded the national rate by 2.9%, with an appreciation rate of 11.17% over the past year as opposed to 8.27% nationally. This reveals that houses in Mayville are increasing in value at a higher rate than those across the country and indicates that now may be a good time to invest in real estate within this community.
The median home cost in Mayville is $203,600. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Mayville is up 15.5%.
Average Age of Homes
- The median age of Mayville real estate is 48 years old
The Rental Market in Mayville
- Renters make up 28.2% of the Mayville population
- 1.8% of houses and apartments in Mayville, 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.