Menomonee Falls, WI is an excellent place for housing property investments. The current median value of a house in the city stands at $323,400, which is slightly lower than the national median value of $338,100. This gap allows potential investors to purchase houses at a relatively lower cost than other parts of the country. Moreover, Menomonee Falls has seen an impressive appreciation rate of 11.17% over the last year, which is higher than the national rate of 8.27%. This makes it a great investment opportunity for those looking to invest in housing in this city.
The median home cost in Menomonee Falls is $323,400. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Menomonee Falls is up 15.5%.
Average Age of Homes
- The median age of Menomonee Falls real estate is 41 years old
The Rental Market in Menomonee Falls
- Renters make up 23.9% of the Menomonee Falls population
- 1.3% of houses and apartments in Menomonee Falls, 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.