Kenosha, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Kenosha, WI Real Estate Data


Kenosha Housing Market Information

With 99,858 people, 37,305 houses or apartments, and a median cost of homes of $159,134, Kenosha 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 Kenosha, accounting for 59.51% of the city's housing units. Other types of housing that are prevalent in Kenosha include large apartment complexes or high rise apartments ( 19.61%), duplexes, homes converted to apartments or other small apartment buildings ( 15.85%), and a few row houses and other attached homes ( 3.58%).

The most prevalent building size and type in Kenosha are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.90% owning and 44.10% 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. Kenosha's housing was primarily built during this period, from the '40s through the '60s. A full 31.77% of the city's housing hails from this era. Other housing ages represented in Kenosha include homes built between 1970-1999 ( 30.89%) and housing constructed before 1939 ( 24.71%). There's also some housing in Kenosha built between 2000 and later ( 12.63%).

Kenosha Home Appreciation Rates

Homes have actually lost value in Kenosha over the last then years, as home values have seen a decline of 19.27% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Kenosha home appreciation rates at 1.63%, which equates to an annual appreciation rate of 6.69%.

NeighborhoodScout's data show that during the latest twelve months, Kenosha's appreciation rate, at 5.29%, has been at or slightly above the national average. In the latest quarter, Kenosha's appreciation rate has been 1.63%, which annualizes to a rate of 6.69%.

Relative to Wisconsin, our data show that Kenosha's latest annual appreciation rate is higher than 50% 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 Kenosha differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kenosha - 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 Kenosha real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$159,134

Kenosha, WI HOME PRICES

Value Range
> $1,082,000 0.3
$812,001 - $1,082,000 0.0
$541,001 - $812,000 0.2
$433,001 - $541,000 1.1
$325,001 - $433,000 3.8
$217,001 - $325,000 15.6
$108,001 - $217,000 57.4
$54,001 - $108,000 15.8
$0 - $54,000 5.8

Low for WI
Average for Nation

Value Relative to Nation Value Relative to State
47.0369502840077 60.3696098562628

Number Of Homes And Apartments:
37,305

Rent & Ownership

 

Average Market Rent:
$1,077 / per month

Homeownership Rate

Homeownership
Owners 55.90
Renters 44.10
Vacant 8.49

Housing Market Details

 

Age of Homes

AGE OF Kenosha HOMES
2000 or Newer 12.6
1970 - 1999 30.9
1940 - 1969 31.8
1939 or Older 24.7

Types of Homes

TYPE OF Kenosha HOMES
Single-Family 59.5
Townhomes 3.6
Small Apt. Buildings 15.8
Apt. Complexes 19.6
Mobile Homes 1.4
Other 0.0

Home Size

SIZE OF Kenosha HOMES
No Bedroom 1.54
1 Bedroom 10.21
2 Bedrooms 34.63
3 Bedrooms 38.93
4 Bedrooms 12.75
5 or more bedrooms 1.95

Kenosha 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
12.26% 0.68% 1 1
* 10 is highest