La Crosse, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating La Crosse Neighborhoods Since 2000




La Crosse, 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

La Crosse Housing Market Information

With a population of 52,306, 20,689 total housing units (homes and apartments), and a median house value of $155,570, La Crosse 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 La Crosse, accounting for 50.33% of the city's housing units. Other types of housing that are prevalent in La Crosse include large apartment complexes or high rise apartments ( 26.83%), duplexes, homes converted to apartments or other small apartment buildings ( 15.27%), and a few row houses and other attached homes ( 5.44%).

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

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. La Crosse's housing was primarily built during this period, from the '40s through the '60s. A full 32.52% of the city's housing hails from this era. Other housing ages represented in La Crosse include homes built between 1970-1999 ( 32.26%) and housing constructed before 1939 ( 26.78%). There's also some housing in La Crosse built between 2000 and later ( 8.44%).

La Crosse Home Appreciation Rates

Appreciation rates for homes in La Crosse have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.57%, which ranks in the top 30% nationwide. This equates to an annual average La Crosse house appreciation rate of 1.01%.

Appreciation rates are so strong in La Crosse that despite a nationwide downturn in the housing market, La Crosse real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, La Crosse appreciation rates continue to be some of the highest in America, at 6.01%, which is higher than appreciation rates in 74.11% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in La Crosse. La Crosse appreciation rates in the latest quarter were at 2.42%, which equates to an annual appreciation rate of 10.02%.

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

Relative to Wisconsin, our data show that La Crosse's latest annual appreciation rate is higher than 80% 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 La Crosse differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in La Crosse - 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 La Crosse real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$155,570

La Crosse, WI HOME PRICES

Value Range
> $1,117,000 0.7
$838,001 - $1,117,000 0.1
$558,001 - $838,000 0.8
$446,001 - $558,000 1.6
$335,001 - $446,000 5.4
$223,001 - $335,000 9.1
$111,001 - $223,000 54.8
$56,001 - $111,000 23.0
$0 - $56,000 4.6

Low for WI
Average for Nation

Value Relative to Nation Value Relative to State
47.6444392359077 61.1909650924025

Number Of Homes And Apartments:
20,689

La Crosse 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
47.43% 2.28% 9 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$942 / per month

Homeownership Rate

Homeownership
Owners 44.12
Renters 55.88
Vacant 6.67

Housing Market Details

 

Age of Homes

AGE OF La Crosse HOMES
2000 or Newer 8.4
1970 - 1999 32.3
1940 - 1969 32.5
1939 or Older 26.8

Types of Homes

TYPE OF La Crosse HOMES
Single-Family 50.3
Townhomes 5.4
Small Apt. Buildings 15.3
Apt. Complexes 26.8
Mobile Homes 2.1
Other 0.0

Home Size

SIZE OF La Crosse HOMES
No Bedroom 3.29
1 Bedroom 17.26
2 Bedrooms 32.71
3 Bedrooms 29.19
4 Bedrooms 13.63
5 or more bedrooms 3.92