The housing market in the Manitowoc, WI Metro Area is thriving. The median value of homes in the area is $197,500 which is significantly lower than the national median value of $338,100. Not only are homes more affordable but they have also appreciated in value at a faster rate than the national average over the last year. The one year house appreciation in Manitowoc, WI Metro Area is 14.18%, compared to 8.27% for the United States as a whole. Therefore if you're looking for an affordable and appreciating housing market, Manitowoc, WI area may be a great option to consider!
The median home cost in Manitowoc Metro Area is $197,500. Home appreciation the last 10 years has been 76.4%. Home Appreciation in Manitowoc Metro Area is up 24.2%.
Average Age of Homes
- The median age of Manitowoc Metro Area real estate is 56 years old
The Rental Market in Manitowoc Metro Area
- Renters make up 22.1% of the Manitowoc Metro Area population
- 0.9% of houses and apartments in Manitowoc Metro Area, 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.