Mequon appreciation rates and housing market information

Mequon housing market information

With 21,848 people, 8,167 houses or apartments, and a median cost of homes of $433,762, Mequon house prices are not only among the most expensive in Wisconsin, Mequon 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 Mequon, accounting for 79.28% of the city's housing units. Other types of housing that are prevalent in Mequon include row houses and other attached homes (12.89%), large apartment complexes or high rise apartments (4.47%), and a few duplexes, homes converted to apartments, or other small apartment buildings (3.35%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Mequon. Owner-occupied housing accounts for 87.82% of Mequon's homes, and 75.38% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Mequon 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 Mequon built from 1940-1969 (29.82%). A lesser amount of the housing stock also hails from 1995 and later (8.41%), and some were built from 1939 and earlier (8.41%).

Mequon home appreciation rates

Real estate appreciation rates in Mequon have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.82% during the period.

Over the last year, Mequon appreciation rates have trailed the rest of the nation. In the last twelve months, Mequon's appreciation rate has been -1.11%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mequon were at 0.21%, which equates to an annual appreciation rate of 0.84%.

Relative to Wisconsin, our data show that Mequon's latest annual appreciation rate is higher than 28% of the other cities and towns in Wisconsin.