The housing market in 53097 Mequon, WI is thriving. The median value of a home in this area is $481,100 which is significantly higher than the US House Median Value of $338,100. This shows that the real estate market in this area is healthy and strong. Furthermore, over the past year, the house appreciation rate for Mequon has been 11.17%, much higher than the national average of 8.27%. This indicates that an investment in a home in Mequon would be a smart choice for those looking to gain equity quickly.
The median home cost in Mequon (zip 53097) is $481,100. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Mequon (zip 53097) is up 15.5%.
Average Age of Homes
- The median age of Mequon (zip 53097) real estate is 43 years old
The Rental Market in Mequon (zip 53097)
- Renters make up 2.9% of the Mequon (zip 53097) population
- 0.0% of houses and apartments in Mequon (zip 53097), 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.