Cedarburg, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Cedarburg Neighborhoods Since 2000




Cedarburg, 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

Cedarburg Housing Market Information

With 11,482 people, 4,652 houses or apartments, and a median cost of homes of $273,161, Cedarburg real estate is some of the most expensive in Wisconsin, although Cedarburg home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Cedarburg, accounting for 62.44% of the city's housing units. Other types of housing that are prevalent in Cedarburg include large apartment complexes or high rise apartments ( 18.89%), duplexes, homes converted to apartments or other small apartment buildings ( 10.95%), and a few row houses and other attached homes ( 7.41%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cedarburg. Owner-occupied housing accounts for 67.00% of Cedarburg's homes, and 58.10% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Cedarburg 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 Cedarburg built between 1940-1969 ( 35.35%). A lesser amount of the housing stock also hails from before 1939 ( 11.73%). There's also some housing in Cedarburg built between 2000 and later ( 9.79%).

Cedarburg Home Appreciation Rates

Appreciation rates for homes in Cedarburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.26%, which ranks in the top 50% nationwide. This equates to an annual average Cedarburg house appreciation rate of 0.03%.

NeighborhoodScout's data show that during the latest twelve months, Cedarburg's appreciation rate, at 4.72%, has been at or slightly above the national average. In the latest quarter, Cedarburg's appreciation rate has been 1.02%, which annualizes to a rate of 4.13%.

Relative to Wisconsin, our data show that Cedarburg's latest annual appreciation rate is higher than 60% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$273,161

Cedarburg, WI HOME PRICES

Value Range
> $1,114,000 0.4
$835,001 - $1,114,000 1.1
$557,001 - $835,000 2.9
$446,001 - $557,000 9.7
$334,001 - $446,000 21.1
$223,001 - $334,000 32.8
$112,001 - $223,000 27.5
$55,001 - $112,000 1.7
$0 - $55,000 2.8

Very High for WI
Very High for Nation

Value Relative to Nation Value Relative to State
19.3572014531818 8.52156057494867

Number Of Homes And Apartments:
4,652

Cedarburg 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
33.61% 1.69% 7 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$966 / per month

Homeownership Rate

Homeownership
Owners 67.00
Renters 33.00
Vacant 5.10

Housing Market Details

 

Age of Homes

AGE OF Cedarburg HOMES
2000 or Newer 9.8
1970 - 1999 43.1
1940 - 1969 35.4
1939 or Older 11.7

Types of Homes

TYPE OF Cedarburg HOMES
Single-Family 62.4
Townhomes 7.4
Small Apt. Buildings 11.0
Apt. Complexes 18.9
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Cedarburg HOMES
No Bedroom 1.86
1 Bedroom 8.53
2 Bedrooms 28.36
3 Bedrooms 37.27
4 Bedrooms 20.83
5 or more bedrooms 3.16