Park Falls, WI is an attractive place to buy a home due to its low median housing value of $151,900 compared to the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, but in Park Falls it is even higher at 16.22%. This means that buying a home in Park Falls could be a great investment for potential homeowners, as they would not only save money on the initial purchase price, but can also expect significant returns from their investment over time.
The median home cost in Park Falls is $151,900. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Park Falls is up 28.9%.
Average Age of Homes
- The median age of Park Falls real estate is 62 years old
The Rental Market in Park Falls
- Renters make up 27.1% of the Park Falls population
- 0.0% of houses and apartments in Park 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.