Housing in 53066 Oconomowoc, WI is well above the median value of housing in the US. With a median house value of $414,800, it is 24% higher than the US median value of $338,100. Furthermore, the housing market in Oconomowoc has appreciated 11.17% over the last year, which is 3.9 percentage points higher than the US 1 year house appreciation rate at 8.27%. This indicates that Oconomowoc is an attractive market for potential buyers or investors looking to purchase a house with confidence that their home will retain its value and appreciate at a potentially faster rate than other cities across the US.
The median home cost in Oconomowoc (zip 53066) is $414,800. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Oconomowoc (zip 53066) is up 15.5%.
Average Age of Homes
- The median age of Oconomowoc (zip 53066) real estate is 37 years old
The Rental Market in Oconomowoc (zip 53066)
- Renters make up 18.9% of the Oconomowoc (zip 53066) population
- 0.7% of houses and apartments in Oconomowoc (zip 53066), 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.