Menomonee Falls, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Menomonee Falls Neighborhoods Since 2000




Menomonee Falls, 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

Menomonee Falls Housing Market Information

With 36,119 people, 14,648 houses or apartments, and a median cost of homes of $257,622, Menomonee Falls real estate is some of the most expensive in Wisconsin, although Menomonee Falls home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Menomonee Falls, accounting for 70.49% of the village's housing units. Other types of housing that are prevalent in Menomonee Falls include large apartment complexes or high rise apartments ( 20.12%), row houses and other attached homes ( 4.96%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.12%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Menomonee Falls. Owner-occupied housing accounts for 74.77% of Menomonee Falls's homes, and 65.63% have either three or four bedrooms, which is average sized relative to America.

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. Menomonee Falls's housing was primarily built during this period, from the '40s through the '60s. A full 42.78% of the village's housing hails from this era. Other housing ages represented in Menomonee Falls include homes built between 1970-1999 ( 38.42%) and housing constructed between 2000 and later ( 14.56%). There's also some housing in Menomonee Falls built before 1939 ( 4.24%).

Menomonee Falls Home Appreciation Rates

Real estate appreciation rates in Menomonee Falls's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.23% during the period.

NeighborhoodScout's data show that during the latest twelve months, Menomonee Falls's appreciation rate, at 4.18%, has been at or slightly above the national average. In the latest quarter, Menomonee Falls's appreciation rate has been 1.02%, which annualizes to a rate of 4.13%.

Relative to Wisconsin, our data show that Menomonee Falls's latest annual appreciation rate is lower 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 village. Individual neighborhoods within Menomonee Falls differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Menomonee Falls - 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 Menomonee Falls real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$257,622

Menomonee Falls, WI HOME PRICES

Value Range
> $1,106,000 0.2
$829,001 - $1,106,000 0.6
$553,001 - $829,000 2.4
$442,001 - $553,000 6.3
$332,001 - $442,000 13.7
$221,001 - $332,000 37.2
$111,001 - $221,000 34.9
$55,001 - $111,000 2.4
$0 - $55,000 2.2

Very High for WI
High for Nation

Value Relative to Nation Value Relative to State
21.3963436071722 12.4229979466119

Number Of Homes And Apartments:
14,648

Menomonee Falls 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
33.45% 1.69% 6 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,041 / per month

Homeownership Rate

Homeownership
Owners 74.77
Renters 25.23
Vacant 3.66

Housing Market Details

 

Age of Homes

AGE OF Menomonee Falls HOMES
2000 or Newer 14.6
1970 - 1999 38.4
1940 - 1969 42.8
1939 or Older 4.2

Types of Homes

TYPE OF Menomonee Falls HOMES
Single-Family 70.5
Townhomes 5.0
Small Apt. Buildings 4.1
Apt. Complexes 20.1
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Menomonee Falls HOMES
No Bedroom 0.91
1 Bedroom 9.25
2 Bedrooms 21.65
3 Bedrooms 47.92
4 Bedrooms 17.72
5 or more bedrooms 2.56