Howard, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Howard Neighborhoods Since 2000




Howard, 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

Howard Housing Market Information

With a population of 19,250, 7,183 total housing units (homes and apartments), and a median house value of $190,931, 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 63.32% of the village's housing units. Other types of housing that are prevalent in Howard include large apartment complexes or high rise apartments ( 22.85%), row houses and other attached homes ( 8.97%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.53%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Howard. Owner-occupied housing accounts for 65.76% of Howard's homes, and 60.45% have either three or four bedrooms, which is average sized relative to America.

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 ( 28.36%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.27%). There's also some housing in Howard built before 1939 ( 4.08%).

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 -0.11% 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 6.11%, which is higher than appreciation rates in 74.95% 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 2.24%, which equates to an annual appreciation rate of 9.25%.

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

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

Average Home Values

 

Median Home Value:
$190,931

Howard, WI HOME PRICES

Value Range
> $1,108,000 0.3
$831,001 - $1,108,000 0.0
$554,001 - $831,000 1.4
$443,001 - $554,000 1.0
$333,001 - $443,000 5.4
$222,001 - $333,000 24.2
$111,001 - $222,000 61.4
$56,001 - $111,000 5.2
$0 - $56,000 1.2

High for WI
High for Nation

Value Relative to Nation Value Relative to State
34.6888550333997 35.9342915811088

Number Of Homes And Apartments:
7,183

Howard 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
21.60% 1.14% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$934 / per month

Homeownership Rate

Homeownership
Owners 65.76
Renters 34.24
Vacant 2.84

Housing Market Details

 

Age of Homes

AGE OF Howard HOMES
2000 or Newer 28.4
1970 - 1999 54.3
1940 - 1969 13.3
1939 or Older 4.1

Types of Homes

TYPE OF Howard HOMES
Single-Family 63.3
Townhomes 9.0
Small Apt. Buildings 4.5
Apt. Complexes 22.8
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Howard HOMES
No Bedroom 0.35
1 Bedroom 7.43
2 Bedrooms 29.03
3 Bedrooms 47.59
4 Bedrooms 12.86
5 or more bedrooms 2.75