Hales Corners, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hales Corners Neighborhoods Since 2000




Hales Corners, 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

Hales Corners Housing Market Information

With 7,759 people, 3,200 houses or apartments, and a median cost of homes of $259,341, Hales Corners real estate is some of the most expensive in Wisconsin, although Hales Corners home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Hales Corners, accounting for 61.35% of the village's housing units. Other types of housing that are prevalent in Hales Corners include large apartment complexes or high rise apartments ( 28.30%), duplexes, homes converted to apartments or other small apartment buildings ( 8.09%), and a few row houses and other attached homes ( 2.26%).

The most prevalent building size and type in Hales Corners are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 59.44% owning and 40.56% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Hales Corners's housing was primarily built during this period, from the '40s through the '60s. A full 49.24% of the village's housing hails from this era. Other housing ages represented in Hales Corners include homes built between 1970-1999 ( 39.06%) and housing constructed before 1939 ( 8.21%). There's also some housing in Hales Corners built between 2000 and later ( 3.49%).

Hales Corners Home Appreciation Rates

Real estate appreciation rates in Hales Corners's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.54% during the period.

NeighborhoodScout's data show that during the latest twelve months, Hales Corners's appreciation rate, at 4.84%, has been at or slightly above the national average. In the latest quarter, Hales Corners's appreciation rate has been 1.02%, which annualizes to a rate of 4.13%.

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

Average Home Values

 

Median Home Value:
$259,341

Hales Corners, WI HOME PRICES

Value Range
> $1,109,000 0.0
$832,001 - $1,109,000 0.2
$554,001 - $832,000 2.3
$444,001 - $554,000 2.0
$333,001 - $444,000 13.1
$222,001 - $333,000 48.3
$111,001 - $222,000 32.0
$55,001 - $111,000 0.4
$0 - $55,000 1.7

Very High for WI
High for Nation

Value Relative to Nation Value Relative to State
21.1414508379234 11.9096509240246

Number Of Homes And Apartments:
3,200

Hales Corners 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
32.14% 1.63% 6 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,197 / per month

Homeownership Rate

Homeownership
Owners 59.44
Renters 40.56
Vacant 6.16

Housing Market Details

 

Age of Homes

AGE OF Hales Corners HOMES
2000 or Newer 3.5
1970 - 1999 39.1
1940 - 1969 49.2
1939 or Older 8.2

Types of Homes

TYPE OF Hales Corners HOMES
Single-Family 61.3
Townhomes 2.3
Small Apt. Buildings 8.1
Apt. Complexes 28.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Hales Corners HOMES
No Bedroom 1.85
1 Bedroom 11.96
2 Bedrooms 24.78
3 Bedrooms 43.99
4 Bedrooms 15.81
5 or more bedrooms 1.61

Popular Neighborhoods in Hales Corners

Zip Codes in Hales Corners, WI