The housing market in 53541 Gratiot, WI is very strong compared to the national market. The median value of a house in this small Wisconsin town is $173,200, which is much lower than the US House Median Value of $338,100. However, the 1 year appreciation rate for houses in 53541 Gratiot, WI is 12.97%, which is much higher than the national appreciation rate of 8.27%. This indicates that housing in 53541 Gratiot, WI is appreciating at a faster pace than the national average and could be an attractive investment for potential home buyers.
The median home cost in Gratiot (zip 53541) is $173,200. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Gratiot (zip 53541) is up 15.0%.
Average Age of Homes
- The median age of Gratiot (zip 53541) real estate is 61 years old
The Rental Market in Gratiot (zip 53541)
- Renters make up 16.0% of the Gratiot (zip 53541) population
- 1.0% of houses and apartments in Gratiot (zip 53541), 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.