Mequon, WI is a desirable area to live in, as evidenced by the median house value of $478,800. This figure is significantly higher than the U.S. median house value of $338,100, showing that it has a high demand in the housing market. Furthermore, the one-year appreciation rate for homes in Mequon is 11.17%, which is higher than the national one-year appreciation rate of 8.27%. This suggests that Mequon's housing market is growing at a faster pace than the rest of the country and that there are many opportunities for buyers and sellers alike to get involved in this market and take advantage of its growth potential.
The median home cost in Mequon is $478,800. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Mequon is up 15.5%.
Average Age of Homes
- The median age of Mequon real estate is 39 years old
The Rental Market in Mequon
- Renters make up 12.2% of the Mequon population
- 1.0% of houses and apartments in Mequon, 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.