DeForest, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating DeForest Neighborhoods Since 2000




DeForest, 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

DeForest Housing Market Information

With a population of 9,550, 3,635 total housing units (homes and apartments), and a median house value of $229,619, DeForest real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in DeForest, accounting for 59.70% of the village's housing units. Other types of housing that are prevalent in DeForest include row houses and other attached homes ( 14.61%), duplexes, homes converted to apartments or other small apartment buildings ( 14.47%), and a few large apartment complexes or high rise apartments ( 11.21%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in DeForest. Owner-occupied housing accounts for 70.15% of DeForest's homes, and 60.99% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in DeForest 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 DeForest built between 2000 and later ( 18.56%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.32%). There's also some housing in DeForest built before 1939 ( 6.66%).

DeForest Home Appreciation Rates

Appreciation rates for homes in DeForest have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.41%, which ranks in the top 50% nationwide. This equates to an annual average DeForest house appreciation rate of 0.34%.

NeighborhoodScout's data show that during the latest twelve months, DeForest's appreciation rate, at 4.04%, has been at or slightly above the national average. In the latest quarter, DeForest's appreciation rate has been 1.02%, which annualizes to a rate of 4.15%.

Relative to Wisconsin, our data show that DeForest's latest annual appreciation rate is lower than 50% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$229,619

DeForest, WI HOME PRICES

Value Range
> $1,111,000 0.6
$833,001 - $1,111,000 0.0
$555,001 - $833,000 1.2
$444,001 - $555,000 1.5
$333,001 - $444,000 9.8
$222,001 - $333,000 42.2
$111,001 - $222,000 43.9
$56,001 - $111,000 0.1
$0 - $56,000 0.7

Very High for WI
High for Nation

Value Relative to Nation Value Relative to State
25.8760107816712 19.0965092402464

Number Of Homes And Apartments:
3,635

DeForest 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
42.78% 2.09% 8 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,057 / per month

Homeownership Rate

Homeownership
Owners 70.15
Renters 29.85
Vacant 0.36

Housing Market Details

 

Age of Homes

AGE OF DeForest HOMES
2000 or Newer 18.6
1970 - 1999 59.5
1940 - 1969 15.3
1939 or Older 6.7

Types of Homes

TYPE OF DeForest HOMES
Single-Family 59.7
Townhomes 14.6
Small Apt. Buildings 14.5
Apt. Complexes 11.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF DeForest HOMES
No Bedroom 2.41
1 Bedroom 7.81
2 Bedrooms 26.67
3 Bedrooms 37.53
4 Bedrooms 23.46
5 or more bedrooms 2.11

Popular Neighborhoods in DeForest

Zip Codes in DeForest, WI