Crivitz, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Crivitz, 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

Crivitz Housing Market Information

With 965 people, 457 houses or apartments, and a median cost of homes of $145,195, Crivitz 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 Crivitz, accounting for 69.39% of the village's housing units. Other types of housing that are prevalent in Crivitz include large apartment complexes or high rise apartments ( 14.10%), duplexes, homes converted to apartments or other small apartment buildings ( 10.39%), and a few row houses and other attached homes ( 4.45%).

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

There is a lot of housing in Crivitz 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 Crivitz built between 1940-1969 ( 35.81%). A lesser amount of the housing stock also hails from before 1939 ( 17.25%). There's also some housing in Crivitz built between 2000 and later ( 9.83%).

Vacant housing appears to be an issue in Crivitz. Fully 15.21% of the housing stock is classified as vacant. Left unchecked, vacant Crivitz homes and apartments can be a drag on the real estate market, holding Crivitz real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Crivitz Home Appreciation Rates

Real estate appreciation rates in Crivitz's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.62% during the period.

Over the last year, Crivitz appreciation rates have trailed the rest of the nation. In the last twelve months, Crivitz's appreciation rate has been 0.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Crivitz were at 0.52%, which equates to an annual appreciation rate of 2.09%.

Relative to Wisconsin, our data show that Crivitz's latest annual appreciation rate is lower than 90% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$145,195

Crivitz, WI HOME PRICES

Value Range
> $1,063,000 3.3
$797,001 - $1,063,000 0.3
$531,001 - $797,000 1.4
$425,001 - $531,000 5.4
$319,001 - $425,000 5.9
$213,001 - $319,000 11.3
$106,001 - $213,000 40.2
$53,001 - $106,000 28.0
$0 - $53,000 4.3

Low for WI
Average for Nation

Value Relative to Nation Value Relative to State
52.0684401734443 72.0739219712526

Number Of Homes And Apartments:
457

Crivitz 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
25.71% 1.34% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$730 / per month

Homeownership Rate

Homeownership
Owners 47.10
Renters 52.90
Vacant 15.21

Housing Market Details

 

Age of Homes

AGE OF Crivitz HOMES
2000 or Newer 9.8
1970 - 1999 37.1
1940 - 1969 35.8
1939 or Older 17.3

Types of Homes

TYPE OF Crivitz HOMES
Single-Family 69.4
Townhomes 4.5
Small Apt. Buildings 10.4
Apt. Complexes 14.1
Mobile Homes 1.7
Other 0.0

Home Size

SIZE OF Crivitz HOMES
No Bedroom 4.27
1 Bedroom 17.07
2 Bedrooms 33.02
3 Bedrooms 30.61
4 Bedrooms 12.24
5 or more bedrooms 2.78

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Zip Codes in Crivitz, WI