Mondovi, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Mondovi, WI Real Estate Data


Mondovi Housing Market Information

With 2,654 people, 1,265 houses or apartments, and a median cost of homes of $127,575, house prices in Mondovi are solidly below the national average.

Single-family detached homes are the single most common housing type in Mondovi, accounting for 66.74% of the city's housing units. Other types of housing that are prevalent in Mondovi include large apartment complexes or high rise apartments ( 14.55%), duplexes, homes converted to apartments or other small apartment buildings ( 12.39%), and a few row houses and other attached homes ( 3.70%).

People in Mondovi primarily live in small (one, two or no bedroom) single-family detached homes. Mondovi 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. Mondovi's housing was primarily built during this period, from the '40s through the '60s. A full 43.42% of the city's housing hails from this era. Other housing ages represented in Mondovi include homes built between 1970-1999 ( 36.95%) and housing constructed before 1939 ( 16.40%). There's also some housing in Mondovi built between 2000 and later ( 3.23%).

Mondovi Home Appreciation Rates

Real estate appreciation rates in Mondovi's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.02% during the period.

NeighborhoodScout's data show that during the latest twelve months, Mondovi's appreciation rate, at 5.47%, has been at or slightly above the national average. In the latest quarter, Mondovi's appreciation rate has been 1.22%, which annualizes to a rate of 4.99%.

Relative to Wisconsin, our data show that Mondovi's latest annual appreciation rate is higher than 60% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$127,575

Mondovi, WI HOME PRICES

Value Range
> $1,101,000 0.0
$825,001 - $1,101,000 0.0
$551,001 - $825,000 1.3
$440,001 - $551,000 0.0
$330,001 - $440,000 2.0
$220,001 - $330,000 4.8
$110,001 - $220,000 46.2
$55,001 - $110,000 42.2
$0 - $55,000 3.5

Very Low for WI
Low for Nation

Value Relative to Nation Value Relative to State
62.2240440358377 86.4476386036961

Number Of Homes And Apartments:
1,265

Rent & Ownership

 

Average Market Rent:
$928 / per month

Homeownership Rate

Homeownership
Owners 51.80
Renters 48.20
Vacant 2.62

Housing Market Details

 

Age of Homes

AGE OF Mondovi HOMES
2000 or Newer 3.2
1970 - 1999 37.0
1940 - 1969 43.4
1939 or Older 16.4

Types of Homes

TYPE OF Mondovi HOMES
Single-Family 66.7
Townhomes 3.7
Small Apt. Buildings 12.4
Apt. Complexes 14.5
Mobile Homes 2.6
Other 0.0

Home Size

SIZE OF Mondovi HOMES
No Bedroom 3.54
1 Bedroom 13.47
2 Bedrooms 34.80
3 Bedrooms 31.10
4 Bedrooms 15.40
5 or more bedrooms 1.69

Mondovi Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
26.72% 1.40% 4 3
* 10 is highest

Popular Neighborhoods in Mondovi

Zip Codes in Mondovi, WI