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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Fort Atkinson, WI Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Fort Atkinson, WI Housing Market Trends

With 12,412 people, 5,367 houses or apartments, and a median cost of homes of $244,277, Fort Atkinson 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 Fort Atkinson, accounting for 68.12% of the city's housing units. Other types of housing that are prevalent in Fort Atkinson include large apartment complexes or high rise apartments ( 16.24%), duplexes, homes converted to apartments or other small apartment buildings ( 10.10%), and a few row houses and other attached homes ( 4.80%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fort Atkinson. Owner-occupied housing accounts for 69.80% of Fort Atkinson's homes, and 59.89% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Fort Atkinson 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 Fort Atkinson built between 1940-1969 ( 30.70%). A lesser amount of the housing stock also hails from before 1939 ( 23.63%). There's also some housing in Fort Atkinson built between 2000 and later ( 12.38%).

Fort Atkinson Home Appreciation Rates

Fort Atkinson's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fort Atkinson during the period has been just 5.28%, which is lower than 70% of US communities.

Appreciation rates are so strong in Fort Atkinson that despite a nationwide downturn in the housing market, Fort Atkinson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fort Atkinson appreciation rates continue to be some of the highest in America, at 7.75%, which is higher than appreciation rates in 82.75% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fort Atkinson. Fort Atkinson appreciation rates in the latest quarter were at 2.60%, which equates to an annual appreciation rate of 10.82%.

Importantly, this makes Fort Atkinson one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Wisconsin, our data show that Fort Atkinson's latest annual appreciation rate is lower than 50% 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 Fort Atkinson differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fort Atkinson - 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 Fort Atkinson real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$244,277

Fort Atkinson, WI Home Prices
> $1,259,000
$944,001 - $1,259,000
$630,001 - $944,000
$504,001 - $630,000
$378,001 - $504,000
$252,001 - $378,000
$126,001 - $252,000
$63,001 - $126,000
$0 - $63,000
0.0%
0.0%
0.0%
0.0%
0.8%
0.8%
3.7%
3.7%
9.7%
9.7%
32.3%
32.3%
50.0%
50.0%
2.4%
2.4%
1.1%
1.1%
0% 100.0%
% of Homes
Low

for Wisconsin

Average

for nation

Number of Homes And Apartments:

5,367

Fort Atkinson Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,324 / per month

Homeownership Rate

Owners
Renters
69.8%
69.8%
30.2%
30.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.0%
8.0%
92.0%
92.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
12.4%
12.4%
33.3%
33.3%
30.7%
30.7%
23.6%
23.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
68.1%
68.1%
4.8%
4.8%
10.1%
10.1%
16.2%
16.2%
0.7%
0.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.5%
2.5%
7.3%
7.3%
28.7%
28.7%
40.8%
40.8%
19.1%
19.1%
1.7%
1.7%
0% 100.0%
% of Homes