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 12,400 people, 5,117 houses or apartments, and a median cost of homes of $379,713, 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 66.62% of the city's housing units. Other types of housing that are prevalent in Cedarburg include large apartment complexes or high rise apartments ( 20.34%), duplexes, homes converted to apartments or other small apartment buildings ( 7.16%), and a few row houses and other attached homes ( 5.89%).
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 68.91% of Cedarburg's homes, and 59.70% 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 ( 25.56%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.10%). There's also some housing in Cedarburg built before 1939 ( 13.07%).
Real estate appreciation rates in Cedarburg's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.04% during the period.
Over the last year, Cedarburg appreciation rates have trailed the rest of the nation. In the last twelve months, Cedarburg's appreciation rate has been 9.66%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cedarburg were at -0.61%, which equates to an annual appreciation rate of -2.41%.
Relative to Wisconsin, our data show that Cedarburg's latest annual appreciation rate is lower than 80% 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 Cedarburg differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Cedarburg - 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 Cedarburg real estate investment or home purchase decisions.
$1,422 / per month