The housing market in 54751 Menomonie, WI is currently booming. The median value of homes in this area is $254,300, which is significantly lower than the national median home value of $338,100. Furthermore, house appreciation in this area has risen 14.18% over the past year compared to 8.27% nationally. This could be attributed to its close proximity to larger cities such as Minneapolis and Duluth, which have seen a surge in population growth over the past decade. It appears that 54751 Menomonie, WI is emerging as a great place for prospective buyers to find affordable housing with strong potential for appreciation in the future.
The median home cost in Menomonie (zip 54751) is $254,300. Home appreciation the last 10 years has been 87.4%. Home Appreciation in Menomonie (zip 54751) is up 16.3%.
Average Age of Homes
- The median age of Menomonie (zip 54751) real estate is 37 years old
The Rental Market in Menomonie (zip 54751)
- Renters make up 38.2% of the Menomonie (zip 54751) population
- 1.1% of houses and apartments in Menomonie (zip 54751), 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.