Dodgeville, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Dodgeville, 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

Dodgeville Housing Market Information

With 4,652 people, 1,953 houses or apartments, and a median cost of homes of $161,495, Dodgeville 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 Dodgeville, accounting for 65.23% of the city's housing units. Other types of housing that are prevalent in Dodgeville include large apartment complexes or high rise apartments ( 14.03%), duplexes, homes converted to apartments or other small apartment buildings ( 13.03%), and a few mobile homes or trailers ( 4.11%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dodgeville. Owner-occupied housing accounts for 67.81% of Dodgeville's homes, and 58.17% have either three or four bedrooms, which is average sized relative to America.

The housing in Dodgeville was primarily built before 1939 ( 31.36%), making the housing stock in Dodgeville some of the oldest overall in America, although there is a range of ages of homes in Dodgeville. The next most important housing age is between 1970-1999 ( 29.81%), followed by between 1940-1969 ( 26.60%). There's also some housing in Dodgeville built between 2000 and later ( 12.22%).

Dodgeville Home Appreciation Rates

Real estate appreciation rates in Dodgeville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.18% during the period.

NeighborhoodScout's data show that during the latest twelve months, Dodgeville's appreciation rate, at 4.76%, has been at or slightly above the national average. In the latest quarter, Dodgeville's appreciation rate has been 1.02%, which annualizes to a rate of 4.15%.

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

Average Home Values

 

Median Home Value:
$161,495

Dodgeville, WI HOME PRICES

Value Range
> $1,100,000 0.0
$825,001 - $1,100,000 0.4
$550,001 - $825,000 0.0
$440,001 - $550,000 1.2
$330,001 - $440,000 2.9
$220,001 - $330,000 20.9
$110,001 - $220,000 54.6
$55,001 - $110,000 13.7
$0 - $55,000 6.3

Average for WI
Average for Nation

Value Relative to Nation Value Relative to State
45.0251962967303 56.6735112936345

Number Of Homes And Apartments:
1,953

Dodgeville 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
28.71% 1.47% 5 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$861 / per month

Homeownership Rate

Homeownership
Owners 67.81
Renters 32.19
Vacant 2.15

Housing Market Details

 

Age of Homes

AGE OF Dodgeville HOMES
2000 or Newer 12.2
1970 - 1999 29.8
1940 - 1969 26.6
1939 or Older 31.4

Types of Homes

TYPE OF Dodgeville HOMES
Single-Family 65.2
Townhomes 3.6
Small Apt. Buildings 13.0
Apt. Complexes 14.0
Mobile Homes 4.1
Other 0.0

Home Size

SIZE OF Dodgeville HOMES
No Bedroom 0.80
1 Bedroom 11.17
2 Bedrooms 27.66
3 Bedrooms 37.73
4 Bedrooms 20.44
5 or more bedrooms 2.20

Popular Neighborhoods in Dodgeville

Zip Codes in Dodgeville, WI