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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Middleton, WI Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Middleton, WI Housing Market Trends

With 22,328 people, 10,230 houses or apartments, and a median cost of homes of $635,791, Middleton house prices are not only among the most expensive in Wisconsin, Middleton real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Middleton, accounting for 41.55% of the city's housing units. Other types of housing that are prevalent in Middleton include single-family detached homes ( 38.43%), duplexes, homes converted to apartments or other small apartment buildings ( 12.82%), and a few row houses and other attached homes ( 6.97%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.

People in Middleton primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Middleton has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Middleton 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 Middleton built between 2000 and later ( 29.39%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.87%). There's also some housing in Middleton built before 1939 ( 4.57%).

Middleton Home Appreciation Rates

Real estate appreciation rates in Middleton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.82% during the period.

Appreciation rates are so strong in Middleton that despite a nationwide downturn in the housing market, Middleton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Middleton appreciation rates continue to be some of the highest in America, at 7.23%, which is higher than appreciation rates in 76.33% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Middleton. Middleton appreciation rates in the latest quarter were at 0.57%, which equates to an annual appreciation rate of 2.31%.

Relative to Wisconsin, our data show that Middleton's latest annual appreciation rate is lower than 90% 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 Middleton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Middleton - 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 Middleton real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$635,791

Middleton, WI Home Prices
> $1,303,000
$978,001 - $1,303,000
$652,001 - $978,000
$521,001 - $652,000
$391,001 - $521,000
$261,001 - $391,000
$130,001 - $261,000
$65,001 - $130,000
$0 - $65,000
4.5%
4.5%
10.4%
10.4%
24.5%
24.5%
20.4%
20.4%
18.3%
18.3%
11.3%
11.3%
9.1%
9.1%
0.9%
0.9%
0.6%
0.6%
0% 100.0%
% of Homes
Very High

for Wisconsin

Very High

for nation

Number of Homes And Apartments:

10,230

Middleton Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,760 / per month

Homeownership Rate

Owners
Renters
48.0%
48.0%
52.0%
52.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.8%
3.8%
96.2%
96.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
29.4%
29.4%
47.2%
47.2%
18.9%
18.9%
4.6%
4.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
38.4%
38.4%
7.0%
7.0%
12.8%
12.8%
41.5%
41.5%
0.2%
0.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
5.1%
5.1%
21.7%
21.7%
28.0%
28.0%
29.7%
29.7%
11.2%
11.2%
4.3%
4.3%
0% 100.0%
% of Homes