The housing market in Whitewater-Elkhorn, WI Metro Area is quite strong. The median value of a house in this area is $310,000, which is significantly lower than the national median value of $338,100. Furthermore, while the country has seen an appreciation rate of 8.27% over the past year, Whitewater-Elkhorn has experienced an even greater appreciation rate of 12.95%. This illustrates how strong the housing market is in this area and explains why people may be keen to invest here.
The median home cost in Whitewater Metro Area is $310,000. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Whitewater Metro Area is up 14.2%.
Average Age of Homes
- The median age of Whitewater Metro Area real estate is 42 years old
The Rental Market in Whitewater Metro Area
- Renters make up 24.7% of the Whitewater Metro Area population
- 1.1% of houses and apartments in Whitewater 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.