The housing market in North Bay, WI is doing quite well with the median value of homes coming in at $428,900. This is higher than the US median house value of $338,100 and reflects a strong real estate market in this area. Furthermore, the 1 year house appreciation rate for North Bay comes in at 8.17%, which is just under the US average of 8.27%. This indicates that home values are increasing steadily here, which makes it an attractive option for potential buyers and investors alike.
The median home cost in North Bay is $428,900. Home appreciation the last 10 years has been 78.0%. Home Appreciation in North Bay is up 12.6%.
Average Age of Homes
- The median age of North Bay real estate is 62 years old
The Rental Market in North Bay
- Renters make up 5.5% of the North Bay population
- 0.0% of houses and apartments in North Bay, 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.