Grantsburg, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Grantsburg, 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

Grantsburg Housing Market Information

With 1,289 people, 584 houses or apartments, and a median cost of homes of $121,539, house prices in Grantsburg are solidly below the national average.

Single-family detached homes are the single most common housing type in Grantsburg, accounting for 67.38% of the village's housing units. Other types of housing that are prevalent in Grantsburg include large apartment complexes or high rise apartments ( 14.70%), duplexes, homes converted to apartments or other small apartment buildings ( 13.02%), and a few mobile homes or trailers ( 4.29%).

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

There is a lot of housing in Grantsburg 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 Grantsburg built between 1940-1969 ( 29.86%). A lesser amount of the housing stock also hails from before 1939 ( 17.61%). There's also some housing in Grantsburg built between 2000 and later ( 14.55%).

Vacant housing appears to be an issue in Grantsburg. Fully 10.57% of the housing stock is classified as vacant. Left unchecked, vacant Grantsburg homes and apartments can be a drag on the real estate market, holding Grantsburg 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.

Grantsburg Home Appreciation Rates

Grantsburg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Grantsburg during the period has been just -2.05%, which is lower than 80% of US communities.

Over the last year, Grantsburg appreciation rates have trailed the rest of the nation. In the last twelve months, Grantsburg's appreciation rate has been 1.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Grantsburg were at 0.52%, which equates to an annual appreciation rate of 2.09%.

Relative to Wisconsin, our data show that Grantsburg's latest annual appreciation rate is lower than 80% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$121,539

Grantsburg, WI HOME PRICES

Value Range
> $1,044,000 0.0
$783,001 - $1,044,000 0.0
$522,001 - $783,000 1.4
$418,001 - $522,000 0.1
$313,001 - $418,000 1.0
$209,001 - $313,000 10.5
$105,001 - $209,000 46.4
$52,001 - $105,000 25.7
$0 - $52,000 14.9

Very Low for WI
Low for Nation

Value Relative to Nation Value Relative to State
64.5611156685808 89.3223819301848

Number Of Homes And Apartments:
584

Grantsburg 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
17.22% 0.93% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$644 / per month

Homeownership Rate

Homeownership
Owners 58.88
Renters 41.12
Vacant 10.57

Housing Market Details

 

Age of Homes

AGE OF Grantsburg HOMES
2000 or Newer 14.5
1970 - 1999 38.0
1940 - 1969 29.9
1939 or Older 17.6

Types of Homes

TYPE OF Grantsburg HOMES
Single-Family 67.4
Townhomes 0.6
Small Apt. Buildings 13.0
Apt. Complexes 14.7
Mobile Homes 4.3
Other 0.0

Home Size

SIZE OF Grantsburg HOMES
No Bedroom 0.46
1 Bedroom 20.21
2 Bedrooms 30.02
3 Bedrooms 34.61
4 Bedrooms 14.24
5 or more bedrooms 0.46

Popular Neighborhoods in Grantsburg

Zip Codes in Grantsburg, WI