Abbotsford, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Abbotsford, WI Real Estate Data


Abbotsford Housing Market Information

With a population of 2,264, 835 total housing units (homes and apartments), and a median house value of $120,656, house prices in Abbotsford are solidly below the national average.

Single-family detached homes are the single most common housing type in Abbotsford, accounting for 61.03% of the city's housing units. Other types of housing that are prevalent in Abbotsford include duplexes, homes converted to apartments or other small apartment buildings ( 15.45%), large apartment complexes or high rise apartments ( 14.33%), and a few mobile homes or trailers ( 9.18%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Abbotsford. Owner-occupied housing accounts for 65.33% of Abbotsford's homes, and 55.99% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Abbotsford built from 1970 to 1999 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 Abbotsford built between 1940-1969 ( 21.61%). A lesser amount of the housing stock also hails from before 1939 ( 14.11%). There's also some housing in Abbotsford built between 2000 and later ( 12.43%).

Abbotsford Home Appreciation Rates

Appreciation rates for homes in Abbotsford have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.53%, which ranks in the top 50% nationwide. This equates to an annual average Abbotsford house appreciation rate of 0.63%.

Appreciation rates are so strong in Abbotsford that despite a nationwide downturn in the housing market, Abbotsford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Abbotsford appreciation rates continue to be some of the highest in America, at 5.82%, which is higher than appreciation rates in 71.74% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Abbotsford. Abbotsford appreciation rates in the latest quarter were at 1.20%, which equates to an annual appreciation rate of 4.88%.

Relative to Wisconsin, our data show that Abbotsford's latest annual appreciation rate is higher than 70% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$120,656

Abbotsford, WI HOME PRICES

Value Range
> $1,089,000 0.2
$817,001 - $1,089,000 0.2
$544,001 - $817,000 0.4
$436,001 - $544,000 1.7
$327,001 - $436,000 2.4
$218,001 - $327,000 9.5
$109,001 - $218,000 42.6
$55,001 - $109,000 34.5
$0 - $55,000 8.4

Very Low for WI
Low for Nation

Value Relative to Nation Value Relative to State
65.9659190724366 90.9650924024641

Number Of Homes And Apartments:
835

Rent & Ownership

 

Average Market Rent:
$745 / per month

Homeownership Rate

Homeownership
Owners 65.33
Renters 34.67
Vacant 6.49

Housing Market Details

 

Age of Homes

AGE OF Abbotsford HOMES
2000 or Newer 12.4
1970 - 1999 51.8
1940 - 1969 21.6
1939 or Older 14.1

Types of Homes

TYPE OF Abbotsford HOMES
Single-Family 61.0
Townhomes 0.0
Small Apt. Buildings 15.5
Apt. Complexes 14.3
Mobile Homes 9.2
Other 0.0

Home Size

SIZE OF Abbotsford HOMES
No Bedroom 0.00
1 Bedroom 15.68
2 Bedrooms 25.08
3 Bedrooms 41.10
4 Bedrooms 14.89
5 or more bedrooms 3.25

Abbotsford Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
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
38.55% 1.94% 7 4
* 10 is highest

Popular Neighborhoods in Abbotsford

Zip Codes in Abbotsford, WI