Cudahy, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Cudahy, WI Real Estate Data


Cudahy Housing Market Information

With a population of 18,353, 7,673 total housing units (homes and apartments), and a median house value of $159,059, Cudahy 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 Cudahy, accounting for 46.18% of the city's housing units. Other types of housing that are prevalent in Cudahy include duplexes, homes converted to apartments or other small apartment buildings ( 25.00%), large apartment complexes or high rise apartments ( 22.57%), and a few row houses and other attached homes ( 4.97%).

The most prevalent building size and type in Cudahy are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.10% owning and 43.90% renting.

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. Cudahy's housing was primarily built during this period, from the '40s through the '60s. A full 41.29% of the city's housing hails from this era. Other housing ages represented in Cudahy include homes built between 1970-1999 ( 27.02%) and housing constructed before 1939 ( 25.95%). There's also some housing in Cudahy built between 2000 and later ( 5.74%).

Cudahy Home Appreciation Rates

Cudahy's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Cudahy during the period has been just -1.79%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Cudahy's appreciation rate, at 3.63%, has been at or slightly above the national average. In the latest quarter, Cudahy's appreciation rate has been 0.31%, which annualizes to a rate of 1.26%.

Relative to Wisconsin, our data show that Cudahy's latest annual appreciation rate is lower than 60% 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 Cudahy differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Cudahy - 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 Cudahy real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$159,059

Cudahy, WI HOME PRICES

Value Range
> $1,060,000 0.0
$795,001 - $1,060,000 0.0
$530,001 - $795,000 0.0
$424,001 - $530,000 0.0
$318,001 - $424,000 1.7
$212,001 - $318,000 11.4
$106,001 - $212,000 72.8
$53,001 - $106,000 8.8
$0 - $53,000 5.0

Average for WI
Average for Nation

Value Relative to Nation Value Relative to State
45.8514004453299 58.1108829568789

Number Of Homes And Apartments:
7,673

Rent & Ownership

 

Average Market Rent:
$861 / per month

Homeownership Rate

Homeownership
Owners 56.10
Renters 43.90
Vacant 5.93

Housing Market Details

 

Age of Homes

AGE OF Cudahy HOMES
2000 or Newer 5.7
1970 - 1999 27.0
1940 - 1969 41.3
1939 or Older 26.0

Types of Homes

TYPE OF Cudahy HOMES
Single-Family 46.2
Townhomes 5.0
Small Apt. Buildings 25.0
Apt. Complexes 22.6
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF Cudahy HOMES
No Bedroom 2.97
1 Bedroom 13.77
2 Bedrooms 28.43
3 Bedrooms 44.60
4 Bedrooms 8.80
5 or more bedrooms 1.43

Cudahy Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
22.76% 1.20% 4 2
* 10 is highest