Minocqua, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Minocqua, 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

Minocqua Housing Market Information

With a population of 458, 197 total housing units (homes and apartments), and a median house value of $262,150, Minocqua real estate is some of the most expensive in Wisconsin, although Minocqua home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Minocqua, accounting for 61.14% of the town's housing units. Other types of housing that are prevalent in Minocqua include large apartment complexes or high rise apartments ( 30.39%), duplexes, homes converted to apartments or other small apartment buildings ( 8.47%).

The most prevalent building size and type in Minocqua are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 54.82% owning and 45.18% renting.

There is a lot of housing in Minocqua 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 Minocqua built between 1940-1969 ( 21.55%). A lesser amount of the housing stock also hails from before 1939 ( 12.71%). There's also some housing in Minocqua built between 2000 and later ( 10.68%).

A decent proportion of the Minocqua housing stock is seasonally occupied. That is, homes and condos in Minocqua are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Minocqua housing market speaks to its popularity as a vacation location of choice.

Minocqua Home Appreciation Rates

Real estate appreciation rates in Minocqua's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.75% during the period.

Over the last year, Minocqua appreciation rates have trailed the rest of the nation. In the last twelve months, Minocqua's appreciation rate has been -2.67%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Minocqua were at 0.52%, which equates to an annual appreciation rate of 2.09%.

Relative to Wisconsin, our data show that Minocqua's latest annual appreciation rate is lower than 90% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$262,150

Minocqua, WI HOME PRICES

Value Range
> $1,015,000 3.1
$761,001 - $1,015,000 9.6
$507,001 - $761,000 15.2
$406,001 - $507,000 7.2
$305,001 - $406,000 7.3
$203,001 - $305,000 19.0
$101,001 - $203,000 35.4
$51,001 - $101,000 2.1
$0 - $51,000 1.0

Very High for WI
High for Nation

Value Relative to Nation Value Relative to State
20.7488573772413 11.2936344969199

Number Of Homes And Apartments:
197

Minocqua 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
30.42% 1.55% 5 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$716 / per month

Homeownership Rate

Homeownership
Owners 54.82
Renters 45.18
Vacant 63.72

Housing Market Details

 

Age of Homes

AGE OF Minocqua HOMES
2000 or Newer 10.7
1970 - 1999 55.1
1940 - 1969 21.5
1939 or Older 12.7

Types of Homes

TYPE OF Minocqua HOMES
Single-Family 61.1
Townhomes 0.0
Small Apt. Buildings 8.5
Apt. Complexes 30.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Minocqua HOMES
No Bedroom 0.74
1 Bedroom 18.78
2 Bedrooms 29.65
3 Bedrooms 42.54
4 Bedrooms 8.29
5 or more bedrooms 0.00

Popular Neighborhoods in Minocqua

Zip Codes in Minocqua, WI