Belleville, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Belleville Neighborhoods Since 2000




Belleville, 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

Belleville Housing Market Information

With a population of 2,425, 993 total housing units (homes and apartments), and a median house value of $270,718, Belleville real estate is some of the most expensive in Wisconsin, although Belleville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Belleville, accounting for 75.91% of the village's housing units. Other types of housing that are prevalent in Belleville include duplexes, homes converted to apartments or other small apartment buildings ( 9.93%), row houses and other attached homes ( 7.50%), and a few large apartment complexes or high rise apartments ( 6.65%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Belleville. Owner-occupied housing accounts for 75.83% of Belleville's homes, and 65.70% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Belleville 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 Belleville built between 2000 and later ( 21.46%). A lesser amount of the housing stock also hails from before 1939 ( 20.24%). There's also some housing in Belleville built between 1940-1969 ( 19.21%).

Belleville Home Appreciation Rates

Appreciation rates for homes in Belleville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.68%, which ranks in the top 50% nationwide. This equates to an annual average Belleville house appreciation rate of 0.07%.

NeighborhoodScout's data show that during the latest twelve months, Belleville's appreciation rate, at 4.19%, has been at or slightly above the national average. In the latest quarter, Belleville's appreciation rate has been 1.02%, which annualizes to a rate of 4.15%.

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

Average Home Values

 

Median Home Value:
$270,718

Belleville, WI HOME PRICES

Value Range
> $1,110,000 1.7
$833,001 - $1,110,000 2.4
$555,001 - $833,000 4.4
$444,001 - $555,000 6.8
$333,001 - $444,000 13.7
$222,001 - $333,000 24.9
$111,001 - $222,000 39.9
$55,001 - $111,000 3.9
$0 - $55,000 2.4

Very High for WI
Very High for Nation

Value Relative to Nation Value Relative to State
19.6413922418844 9.24024640657084

Number Of Homes And Apartments:
993

Belleville 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
43.49% 2.12% 9 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,101 / per month

Homeownership Rate

Homeownership
Owners 75.83
Renters 24.17
Vacant 6.94

Housing Market Details

 

Age of Homes

AGE OF Belleville HOMES
2000 or Newer 21.5
1970 - 1999 39.1
1940 - 1969 19.2
1939 or Older 20.2

Types of Homes

TYPE OF Belleville HOMES
Single-Family 75.9
Townhomes 7.5
Small Apt. Buildings 9.9
Apt. Complexes 6.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Belleville HOMES
No Bedroom 0.56
1 Bedroom 5.90
2 Bedrooms 24.65
3 Bedrooms 52.01
4 Bedrooms 13.68
5 or more bedrooms 3.19