Kenosha appreciation rates and housing market information

Kenosha housing market information

With 90,668 people, 36,162 houses or apartments, and a median cost of homes of $179,818, Kenosha real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Kenosha, accounting for 58.97% of the city's housing units. Other types of housing that are prevalent in Kenosha include duplexes, homes converted to apartments, or other small apartment buildings (18.17%), large apartment complexes or high rise apartments (18.09%), row houses and other attached homes (3.22%), and a few mobile homes or trailers (1.48%).

The most prevalent building size and type in Kenosha are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 59.42% owning, and 36.11% renting.

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. Kenosha's housing was primarily built during this period, from the '40s through the '60s. A full 37.40% of the city's housing hails from this era. Other housing ages represented in Kenosha include homes built between 1970-1994 (28.36%), and housing constructed from 1939 and earlier (27.03%). There's also some housing in Kenosha built between 1995 and later (7.21%).

Kenosha home appreciation rates

Appreciation rates for homes in Kenosha have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 96.52%, which ranks in the top 20% nationwide. This equates to an annual average Kenosha house appreciation rate of 9.65%.

NeighborhoodScout's data show that during the latest twelve months, Kenosha home appreciation rates, at 0.08%, have been at or slightly above the national average. In the latest quarter, Kenosha's appreciation rate has been 0.52%, which annualizes to a rate of 2.08%.

Relative to Wisconsin, our data show that Kenosha's latest annual appreciation rate is higher than 53% of the other cities and towns in Wisconsin.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Kenosha differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kenosha - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Kenosha real estate investment or home purchase decisions.