Howard, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Howard, WI Real Estate Data


Howard Housing Market Information

With a population of 19,250, 7,130 total housing units (homes and apartments), and a median house value of $200,120, Howard real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Howard, accounting for 62.52% of the village's housing units. Other types of housing that are prevalent in Howard include large apartment complexes or high rise apartments ( 22.44%), row houses and other attached homes ( 9.73%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.02%).

The most prevalent building size and type in Howard are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 64.62% owning and 35.38% renting.

There is a lot of housing in Howard 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 Howard built between 2000 and later ( 25.35%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.81%). There's also some housing in Howard built before 1939 ( 3.21%).

Howard Home Appreciation Rates

Real estate appreciation rates in Howard's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.01% during the period.

Appreciation rates are so strong in Howard that despite a nationwide downturn in the housing market, Howard real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Howard appreciation rates continue to be some of the highest in America, at 6.93%, which is higher than appreciation rates in 84.05% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Howard. Howard appreciation rates in the latest quarter were at 1.28%, which equates to an annual appreciation rate of 5.24%.

Relative to Wisconsin, our data show that Howard's latest annual appreciation rate is higher than 90% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$200,120

Howard, WI HOME PRICES

Value Range
> $1,112,000 0.3
$834,001 - $1,112,000 0.0
$556,001 - $834,000 1.4
$445,001 - $556,000 0.8
$333,001 - $445,000 3.8
$222,001 - $333,000 25.4
$111,001 - $222,000 60.2
$56,001 - $111,000 5.9
$0 - $56,000 2.2

High for WI
High for Nation

Value Relative to Nation Value Relative to State
33.1322831879136 31.4168377823409

Number Of Homes And Apartments:
7,130

Rent & Ownership

 

Average Market Rent:
$1,029 / per month

Homeownership Rate

Homeownership
Owners 64.62
Renters 35.38
Vacant 2.52

Housing Market Details

 

Age of Homes

AGE OF Howard HOMES
2000 or Newer 25.3
1970 - 1999 56.6
1940 - 1969 14.8
1939 or Older 3.2

Types of Homes

TYPE OF Howard HOMES
Single-Family 62.5
Townhomes 9.7
Small Apt. Buildings 5.0
Apt. Complexes 22.4
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Howard HOMES
No Bedroom 0.00
1 Bedroom 7.36
2 Bedrooms 29.03
3 Bedrooms 47.14
4 Bedrooms 13.37
5 or more bedrooms 3.10

Howard Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
21.34% 1.14% 3 2
* 10 is highest