The housing market in Red Cedar, WI is proving to be a strong investment. The median value of houses in the area is $314,400, which is slightly lower than the US house median value of $338,100. However, the one-year house appreciation rate in Red Cedar has been an impressive 14.18%, which is more than 6% higher than the US one-year house appreciation rate of 8.27%. This indicates that investing in real estate in Red Cedar may be a sound decision for those looking to make a profit on their property investments.
The median home cost in Red Cedar is $314,400. Home appreciation the last 10 years has been 87.4%. Home Appreciation in Red Cedar is up 16.3%.
Average Age of Homes
- The median age of Red Cedar real estate is 30 years old
The Rental Market in Red Cedar
- Renters make up 9.7% of the Red Cedar population
- 1.1% of houses and apartments in Red Cedar, 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.