Greenfield, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Greenfield, WI Real Estate Data


Greenfield Housing Market Information

With 37,349 people, 16,546 houses or apartments, and a median cost of homes of $171,635, Greenfield 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 Greenfield, accounting for 48.08% of the city's housing units. Other types of housing that are prevalent in Greenfield include large apartment complexes or high rise apartments ( 36.51%), duplexes, homes converted to apartments or other small apartment buildings ( 7.77%), and a few row houses and other attached homes ( 7.44%).

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

There is a lot of housing in Greenfield 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 Greenfield built between 1940-1969 ( 37.71%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.51%). There's also some housing in Greenfield built before 1939 ( 3.49%).

Greenfield Home Appreciation Rates

Greenfield's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Greenfield during the period has been just -1.54%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Greenfield's appreciation rate, at 4.75%, has been at or slightly above the national average. In the latest quarter, Greenfield's appreciation rate has been 0.66%, which annualizes to a rate of 2.67%.

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

Average Home Values

 

Median Home Value:
$171,635

Greenfield, WI HOME PRICES

Value Range
> $1,084,000 0.0
$813,001 - $1,084,000 0.0
$542,001 - $813,000 0.6
$434,001 - $542,000 0.3
$325,001 - $434,000 6.0
$217,001 - $325,000 24.1
$108,001 - $217,000 56.1
$54,001 - $108,000 9.0
$0 - $54,000 3.8

Average for WI
Average for Nation

Value Relative to Nation Value Relative to State
40.8472987226064 47.8439425051335

Number Of Homes And Apartments:
16,546

Rent & Ownership

 

Average Market Rent:
$1,019 / per month

Homeownership Rate

Homeownership
Owners 55.96
Renters 44.04
Vacant 6.39

Housing Market Details

 

Age of Homes

AGE OF Greenfield HOMES
2000 or Newer 8.5
1970 - 1999 50.3
1940 - 1969 37.7
1939 or Older 3.5

Types of Homes

TYPE OF Greenfield HOMES
Single-Family 48.1
Townhomes 7.4
Small Apt. Buildings 7.8
Apt. Complexes 36.5
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Greenfield HOMES
No Bedroom 0.73
1 Bedroom 18.20
2 Bedrooms 36.37
3 Bedrooms 34.59
4 Bedrooms 8.20
5 or more bedrooms 1.91

Greenfield 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
20.37% 1.08% 3 2
* 10 is highest