Lake Hallie, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Lake Hallie, 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

Lake Hallie Housing Market Information

With 6,535 people, 2,410 houses or apartments, and a median cost of homes of $155,066, Lake Hallie 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 Lake Hallie, accounting for 68.81% of the village's housing units. Other types of housing that are prevalent in Lake Hallie include duplexes, homes converted to apartments or other small apartment buildings ( 11.37%), row houses and other attached homes ( 10.77%), and a few large apartment complexes or high rise apartments ( 6.67%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lake Hallie. Owner-occupied housing accounts for 67.19% of Lake Hallie's homes, and 67.85% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lake Hallie 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 Lake Hallie built between 2000 and later ( 34.77%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.19%). There's also some housing in Lake Hallie built before 1939 ( 3.74%).

Lake Hallie Home Appreciation Rates

Appreciation rates for homes in Lake Hallie have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.89%, which ranks in the top 30% nationwide. This equates to an annual average Lake Hallie house appreciation rate of 1.04%.

Appreciation rates are so strong in Lake Hallie that despite a nationwide downturn in the housing market, Lake Hallie real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lake Hallie appreciation rates continue to be some of the highest in America, at 9.02%, which is higher than appreciation rates in 90.79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Lake Hallie. Lake Hallie appreciation rates in the latest quarter were at 2.25%, which equates to an annual appreciation rate of 9.31%.

Importantly, this makes Lake Hallie 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 Lake Hallie's latest annual appreciation rate is higher than 90% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$155,066

Lake Hallie, WI HOME PRICES

Value Range
> $1,143,000 0.2
$857,001 - $1,143,000 1.2
$572,001 - $857,000 0.6
$457,001 - $572,000 0.5
$343,001 - $457,000 3.1
$229,001 - $343,000 14.0
$114,001 - $229,000 57.2
$57,001 - $114,000 16.9
$0 - $57,000 6.4

Low for WI
Average for Nation

Value Relative to Nation Value Relative to State
47.8934724012657 62.0123203285421

Number Of Homes And Apartments:
2,410

Lake Hallie 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
39.79% 1.96% 8 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,207 / per month

Homeownership Rate

Homeownership
Owners 67.19
Renters 32.81
Vacant 3.14

Housing Market Details

 

Age of Homes

AGE OF Lake Hallie HOMES
2000 or Newer 34.8
1970 - 1999 39.3
1940 - 1969 22.2
1939 or Older 3.7

Types of Homes

TYPE OF Lake Hallie HOMES
Single-Family 68.8
Townhomes 10.8
Small Apt. Buildings 11.4
Apt. Complexes 6.7
Mobile Homes 2.4
Other 0.0

Home Size

SIZE OF Lake Hallie HOMES
No Bedroom 0.64
1 Bedroom 5.99
2 Bedrooms 22.95
3 Bedrooms 46.54
4 Bedrooms 21.30
5 or more bedrooms 2.57

Popular Neighborhoods in Lake Hallie

Zip Codes in Lake Hallie, WI