Rhinelander, WI is a great place to live due to its affordable housing market. The median value of a house in the area is $193,500, well below the national average of $338,100. Furthermore, the 1 year appreciation rate for homes in Rhinelander was 16.22%, much higher than the national rate of 8.27%. This makes investing in property in Rhinelander an attractive option for those looking for a good return on their investment. All these factors create an ideal environment for people looking to buy a home or invest in property in this region.
The median home cost in Rhinelander is $193,500. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Rhinelander is up 28.9%.
Average Age of Homes
- The median age of Rhinelander real estate is 55 years old
The Rental Market in Rhinelander
- Renters make up 31.1% of the Rhinelander population
- 11.9% of houses and apartments in Rhinelander, 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.