Jefferson, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Jefferson, 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

Jefferson Housing Market Information

With a population of 7,941, 3,011 total housing units (homes and apartments), and a median house value of $157,590, Jefferson 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 Jefferson, accounting for 55.24% of the city's housing units. Other types of housing that are prevalent in Jefferson include large apartment complexes or high rise apartments ( 20.15%), duplexes, homes converted to apartments or other small apartment buildings ( 17.30%), and a few row houses and other attached homes ( 4.55%).

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

There is a lot of housing in Jefferson 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 Jefferson built before 1939 ( 27.14%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.18%). There's also some housing in Jefferson built between 2000 and later ( 11.25%).

Jefferson Home Appreciation Rates

Real estate appreciation rates in Jefferson's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.62% during the period.

NeighborhoodScout's data show that during the latest twelve months, Jefferson's appreciation rate, at 4.26%, has been at or slightly above the national average. In the latest quarter, Jefferson's appreciation rate has been 0.52%, which annualizes to a rate of 2.09%.

Relative to Wisconsin, our data show that Jefferson's latest annual appreciation rate is higher than 50% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$157,590

Jefferson, WI HOME PRICES

Value Range
> $1,077,000 0.0
$808,001 - $1,077,000 0.0
$539,001 - $808,000 0.0
$431,001 - $539,000 1.1
$323,001 - $431,000 4.1
$216,001 - $323,000 15.9
$108,001 - $216,000 62.1
$54,001 - $108,000 10.6
$0 - $54,000 6.1

Average for WI
Average for Nation

Value Relative to Nation Value Relative to State
46.7244814250557 59.5482546201232

Number Of Homes And Apartments:
3,011

Jefferson 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
25.03% 1.30% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$880 / per month

Homeownership Rate

Homeownership
Owners 53.61
Renters 46.39
Vacant 3.52

Housing Market Details

 

Age of Homes

AGE OF Jefferson HOMES
2000 or Newer 11.2
1970 - 1999 40.4
1940 - 1969 21.2
1939 or Older 27.1

Types of Homes

TYPE OF Jefferson HOMES
Single-Family 55.2
Townhomes 4.5
Small Apt. Buildings 17.3
Apt. Complexes 20.2
Mobile Homes 2.8
Other 0.0

Home Size

SIZE OF Jefferson HOMES
No Bedroom 0.61
1 Bedroom 7.59
2 Bedrooms 40.53
3 Bedrooms 33.42
4 Bedrooms 15.00
5 or more bedrooms 2.85

Popular Neighborhoods in Jefferson

Zip Codes in Jefferson, WI