The Milwaukee-Waukesha-West Allis, WI Metro Area has an average housing median value of $281,800, which is significantly lower than the US housing median value of $338,100. However, the area's house appreciation rate over the last year is 11.96%, beating the national average of 8.27%. This suggests that this area may be a good investment opportunity for potential buyers. The strong appreciation rate could lead to high returns in the near future and make Milwaukee-Waukesha-West Allis a great place to invest in real estate.
The median home cost in Milwaukee-Waukesha Metro Area is $281,800. Home appreciation the last 10 years has been 74.1%. Home Appreciation in Milwaukee-Waukesha Metro Area is up 14.4%.
Average Age of Homes
- The median age of Milwaukee-Waukesha Metro Area real estate is 54 years old
The Rental Market in Milwaukee-Waukesha Metro Area
- Renters make up 36.2% of the Milwaukee-Waukesha Metro Area population
- 2.2% of houses and apartments in Milwaukee-Waukesha 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.