Waukesha appreciation rates and housing market information

Waukesha housing market information

With 64,372 people, 26,858 houses or apartments, and a median cost of homes of $242,818, Waukesha real estate is some of the most expensive in Wisconsin, although Waukesha home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Waukesha, accounting for 48.98% of the city's housing units. Other types of housing that are prevalent in Waukesha include large apartment complexes or high rise apartments (29.58%), duplexes, homes converted to apartments, or other small apartment buildings (14.64%), and a few row houses and other attached homes (6.33%).

The most prevalent building size and type in Waukesha are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 53.91% owning, and 41.64% renting.

There is a lot of housing in Waukesha 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 Waukesha built from 1940-1969 (27.28%). A lesser amount of the housing stock also hails from 1939 and earlier (15.62%), and some were built from 1995 and later (15.62%).

Waukesha home appreciation rates

Real estate appreciation rates in Waukesha have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.90% during the period.

Over the last year, Waukesha appreciation rates have trailed the rest of the nation. In the last twelve months, Waukesha's appreciation rate has been -1.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Waukesha were at 0.23%, which equates to an annual appreciation rate of 0.92%.

Relative to Wisconsin, our data show that Waukesha's latest annual appreciation rate is higher than 30% 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 Waukesha differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Waukesha - 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 Waukesha real estate investment or home purchase decisions.