Ashland, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Ashland, WI Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Ashland Housing Market Information

With a population of 8,040, 3,587 total housing units (homes and apartments), and a median house value of $123,452, house prices in Ashland are solidly below the national average.

Single-family detached homes are the single most common housing type in Ashland, accounting for 66.67% of the city's housing units. Other types of housing that are prevalent in Ashland include duplexes, homes converted to apartments or other small apartment buildings ( 17.61%), large apartment complexes or high rise apartments ( 11.81%), and a few mobile homes or trailers ( 3.58%).

People in Ashland primarily live in small (one, two or no bedroom) single-family detached homes. Ashland has a mixture of owner-occupied and renter-occupied housing.

The housing in Ashland was primarily built before 1939 ( 41.42%), making the housing stock in Ashland some of the oldest overall in America, although there is a range of ages of homes in Ashland. The next most important housing age is between 1940-1969 ( 32.23%), followed by between 1970-1999 ( 20.88%). There's also some housing in Ashland built between 2000 and later ( 5.48%).

Ashland Home Appreciation Rates

Real estate appreciation rates in Ashland's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.13% during the period.

Over the last year, Ashland appreciation rates have trailed the rest of the nation. In the last twelve months, Ashland's appreciation rate has been 1.22%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ashland were at 0.52%, which equates to an annual appreciation rate of 2.09%.

Relative to Wisconsin, our data show that Ashland's latest annual appreciation rate is lower than 90% 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 Ashland differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ashland - 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 Ashland real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$123,452

Ashland, WI HOME PRICES

Value Range
> $1,034,000 0.4
$776,001 - $1,034,000 0.8
$517,001 - $776,000 0.3
$414,001 - $517,000 0.4
$311,001 - $414,000 2.7
$207,001 - $311,000 11.5
$103,001 - $207,000 39.1
$52,001 - $103,000 33.7
$0 - $52,000 11.1

Very Low for WI
Low for Nation

Value Relative to Nation Value Relative to State
63.5181061760225 88.911704312115

Number Of Homes And Apartments:
3,587

Ashland Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
37.54% 1.87% 7 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$757 / per month

Homeownership Rate

Homeownership
Owners 55.97
Renters 44.03
Vacant 7.67

Housing Market Details

 

Age of Homes

AGE OF Ashland HOMES
2000 or Newer 5.5
1970 - 1999 20.9
1940 - 1969 32.2
1939 or Older 41.4

Types of Homes

TYPE OF Ashland HOMES
Single-Family 66.7
Townhomes 0.3
Small Apt. Buildings 17.6
Apt. Complexes 11.8
Mobile Homes 3.6
Other 0.0

Home Size

SIZE OF Ashland HOMES
No Bedroom 3.96
1 Bedroom 14.03
2 Bedrooms 30.27
3 Bedrooms 35.32
4 Bedrooms 12.12
5 or more bedrooms 4.30

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Zip Codes in Ashland, WI