Luxemburg appreciation rates and housing market information

Luxemburg housing market information

With 6,491 people, 1,801 houses or apartments, and a median cost of homes of $165,893, Luxemburg real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Luxemburg, accounting for 79.90% of the town's housing units. Other types of housing that are prevalent in Luxemburg include mobile homes or trailers (7.88%), duplexes, homes converted to apartments, or other small apartment buildings (7.11%), large apartment complexes or high rise apartments (3.33%), and a few row houses and other attached homes (1.72%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Luxemburg. Owner-occupied housing accounts for 77.85% of Luxemburg's homes, and 68.18% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Luxemburg built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Luxemburg built from 1939 and earlier (30.37%). A lesser amount of the housing stock also hails from 1940-1969 (18.10%), and some were built from 1995 and later (18.10%).

Luxemburg home appreciation rates

Luxemburg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Luxemburg during the period has been just 4.92%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Luxemburg home appreciation rates, at -0.32%, have been at or slightly above the national average. In the latest quarter, Luxemburg's appreciation rate has been 0.15%, which annualizes to a rate of 0.60%.

Relative to Wisconsin, our data show that Luxemburg's latest annual appreciation rate is higher than 45% of the other cities and towns in Wisconsin.