Housing in 54814 Bayfield, WI is quite favorable compared to the national median value. The median housing value in this area is $282,400, which is significantly lower than the US median of $338,100. Furthermore, the 1 year house appreciation rate in 54814 Bayfield, WI is 12.04%, which is higher than the US rate of 8.27%. These factors make this area an attractive option for potential home buyers looking for both affordability and growth potential.
The median home cost in Bayfield (zip 54814) is $282,400. Home appreciation the last 10 years has been 74.1%. Home Appreciation in Bayfield (zip 54814) is up 14.4%.
Average Age of Homes
- The median age of Bayfield (zip 54814) real estate is 33 years old
The Rental Market in Bayfield (zip 54814)
- Renters make up 17.6% of the Bayfield (zip 54814) population
- 1.0% of houses and apartments in Bayfield (zip 54814), 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.