Onalaska, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Onalaska, WA Real Estate Data


Onalaska Housing Market Information

With 616 people, 332 houses or apartments, and a median cost of homes of $231,300, Onalaska real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Onalaska, accounting for 69.18% of the town's housing units. Other types of housing that are prevalent in Onalaska include mobile homes or trailers ( 24.00%), large apartment complexes or high rise apartments ( 6.82%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Onalaska. Owner-occupied housing accounts for 69.28% of Onalaska's homes, and 80.47% have either three or four bedrooms, which is average sized relative to America.

Onalaska homes and real estate are some of the newest in America. 30.82% of Onalaska's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Onalaska real estate market has to offer. Quite a bit of the housing here was also built before 1939 ( 29.88%), and between 1970-1999 ( 29.18%). There's also some housing in Onalaska built between 1940-1969 ( 10.12%).

Vacant housing appears to be an issue in Onalaska. Fully 21.88% of the housing stock is classified as vacant. Left unchecked, vacant Onalaska homes and apartments can be a drag on the real estate market, holding Onalaska real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Onalaska Home Appreciation Rates

Real estate appreciation rates in Onalaska's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.23% during the period.

Appreciation rates are so strong in Onalaska that despite a nationwide downturn in the housing market, Onalaska real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Onalaska appreciation rates continue to be some of the highest in America, at 8.19%, which is higher than appreciation rates in 92.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Onalaska. Onalaska appreciation rates in the latest quarter were at 1.84%, which equates to an annual appreciation rate of 7.57%.

Relative to Washington, our data show that Onalaska's latest annual appreciation rate is higher than 50% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$231,300

Onalaska, WA HOME PRICES

Value Range
> $1,192,000 0.0
$894,001 - $1,192,000 0.0
$596,001 - $894,000 2.4
$477,001 - $596,000 1.3
$358,001 - $477,000 11.2
$239,001 - $358,000 31.1
$119,001 - $239,000 36.3
$59,001 - $119,000 9.9
$0 - $59,000 7.7

Low for WA
High for Nation

Value Relative to Nation Value Relative to State
26.3336651636704 60.9929078014184

Number Of Homes And Apartments:
332

Rent & Ownership

 

Average Market Rent:
$938 / per month

Homeownership Rate

Homeownership
Owners 69.28
Renters 30.72
Vacant 21.88

Housing Market Details

 

Age of Homes

AGE OF Onalaska HOMES
2000 or Newer 30.8
1970 - 1999 29.2
1940 - 1969 10.1
1939 or Older 29.9

Types of Homes

TYPE OF Onalaska HOMES
Single-Family 69.2
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 6.8
Mobile Homes 24.0
Other 0.0

Home Size

SIZE OF Onalaska HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 19.53
3 Bedrooms 57.65
4 Bedrooms 22.82
5 or more bedrooms 0.00

Onalaska Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
55.73% 2.64% 4 7
* 10 is highest

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