Appleton, WI Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Appleton, WI Housing Market Trends

With a population of 74,098, 29,224 total housing units (homes and apartments), and a median house value of $174,381, Appleton real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Appleton, accounting for 65.30% of the city's housing units. Other types of housing that are prevalent in Appleton include large apartment complexes or high rise apartments ( 17.51%), duplexes, homes converted to apartments or other small apartment buildings ( 10.88%), and a few row houses and other attached homes ( 5.60%).

The most prevalent building size and type in Appleton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.45% owning and 36.55% renting.

There is a lot of housing in Appleton 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 Appleton built between 1940-1969 ( 30.26%). A lesser amount of the housing stock also hails from before 1939 ( 18.89%). There's also some housing in Appleton built between 2000 and later ( 12.07%).

Appleton Home Appreciation Rates

Real estate appreciation rates in Appleton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.74% during the period.

Over the last year, Appleton appreciation rates have trailed the rest of the nation. In the last twelve months, Appleton's appreciation rate has been 4.43%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Appleton were at 2.44%, which equates to an annual appreciation rate of 10.13%.

Relative to Wisconsin, our data show that Appleton's latest annual appreciation rate is lower than 70% 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 Appleton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Appleton - 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 2000, to assist you in making the best Appleton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$174,381

Appleton, WI HOME PRICES

> $1,192,000
0.4%
0.4%
$894,001 - $1,192,000
0.2%
0.2%
$596,001 - $894,000
1.2%
1.2%
$477,001 - $596,000
1.3%
1.3%
$358,001 - $477,000
4.5%
4.5%
$238,001 - $358,000
14.1%
14.1%
$119,001 - $238,000
63.0%
63.0%
$60,001 - $119,000
13.0%
13.0%
$0 - $60,000
2.2%
2.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Low for WI

Value Relative To Nation

Number Of Homes And Apartments:
29,224

Appleton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
54.33% 2.09%
5
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$952 / per month

Homeownership Rate

Owners
63.4%
63.4%
Renters
36.6%
36.6%
Vacant
4.0%
4.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
12.1%
12.1%
1970 - 1999
38.8%
38.8%
1940 - 1969
30.3%
30.3%
1939 or Older
18.9%
18.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
65.3%
65.3%
Townhomes
5.6%
5.6%
Small Apt. Buildings
10.9%
10.9%
Apt. Complexes
17.5%
17.5%
Mobile Homes
0.7%
0.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.4%
1.4%
1 Bedroom
7.6%
7.6%
2 Bedrooms
30.1%
30.1%
3 Bedrooms
40.6%
40.6%
4 Bedrooms
16.2%
16.2%
5 or more bedrooms
4.0%
4.0%
0.0% 100.0%
% OF HOMES