Fox Point appreciation rates and housing market information

Fox Point housing market information

With a population of 7,016, 2,906 total housing units (homes and apartments), and a median house value of $355,043, Fox Point house prices are not only among the most expensive in Wisconsin, Fox Point real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Fox Point, accounting for 80.56% of the village's housing units. Other types of housing that are prevalent in Fox Point include large apartment complexes or high rise apartments (16.86%), row houses and other attached homes (1.62%), and a few duplexes, homes converted to apartments, or other small apartment buildings (0.72%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Fox Point. Owner-occupied housing accounts for 82.73% of Fox Point's homes, and 67.14% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Fox Point's housing was primarily built during this period, from the '40s through the '60s. A full 68.62% of the village's housing hails from this era. Other housing ages represented in Fox Point include homes built between 1970-1994 (19.41%), and housing constructed from 1939 and earlier (11.21%). There's also some housing in Fox Point built between 1995 and later (.76%).

Fox Point home appreciation rates

Fox Point's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fox Point during the period has been just 4.55%, which is lower than % of US communities.

Over the last year, Fox Point appreciation rates have trailed the rest of the nation. In the last twelve months, Fox Point's appreciation rate has been -3.38%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fox Point were at -0.34%, which equates to an annual appreciation rate of -1.36%.

Relative to Wisconsin, our data show that Fox Point's latest annual appreciation rate is higher than 2% of the other cities and towns in Wisconsin.