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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 12,609 people, 5,684 houses or apartments, and a median cost of homes of $294,097, Brown Deer 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 Brown Deer, accounting for 57.71% of the village's housing units. Other types of housing that are prevalent in Brown Deer include large apartment complexes or high rise apartments ( 29.20%), row houses and other attached homes ( 6.41%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.92%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brown Deer. Owner-occupied housing accounts for 65.34% of Brown Deer's homes, and 57.82% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Brown Deer's housing was primarily built during this period, from the '40s through the '60s. A full 47.21% of the village's housing hails from this era. Other housing ages represented in Brown Deer include homes built between 1970-1999 ( 34.62%) and housing constructed between 2000 and later ( 12.47%). There's also some housing in Brown Deer built before 1939 ( 5.70%).
In the last 10 years, Brown Deer has experienced some of the highest home appreciation rates of any community in the nation. Brown Deer real estate appreciated 115.99% over the last ten years, which is an average annual home appreciation rate of 8.00%, putting Brown Deer in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Brown Deer definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Brown Deer that despite a nationwide downturn in the housing market, Brown Deer real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Brown Deer appreciation rates continue to be some of the highest in America, at 8.05%, which is higher than appreciation rates in 87.20% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Brown Deer. Brown Deer appreciation rates in the latest quarter were at 0.76%, which equates to an annual appreciation rate of 3.06%.
Relative to Wisconsin, our data show that Brown Deer's latest annual appreciation rate is higher than 70% of the other cities and towns in Wisconsin.
$294,097
for Wisconsin
for nation
5,684
$1,451 / per month