Mukwonago, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Mukwonago, 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

Mukwonago Housing Market Information

With a population of 7,721, 3,046 total housing units (homes and apartments), and a median house value of $246,412, Mukwonago real estate is some of the most expensive in Wisconsin, although Mukwonago home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Mukwonago, accounting for 58.66% of the village's housing units. Other types of housing that are prevalent in Mukwonago include large apartment complexes or high rise apartments ( 27.54%), row houses and other attached homes ( 7.85%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.95%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mukwonago. Owner-occupied housing accounts for 66.33% of Mukwonago's homes, and 60.91% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Mukwonago 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 Mukwonago built between 2000 and later ( 21.21%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.85%). There's also some housing in Mukwonago built before 1939 ( 7.82%).

Mukwonago Home Appreciation Rates

Real estate appreciation rates in Mukwonago's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.48% during the period.

Appreciation rates are so strong in Mukwonago that despite a nationwide downturn in the housing market, Mukwonago real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mukwonago appreciation rates continue to be some of the highest in America, at 6.05%, which is higher than appreciation rates in 74.58% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mukwonago. Mukwonago appreciation rates in the latest quarter were at 1.01%, which equates to an annual appreciation rate of 4.10%.

Relative to Wisconsin, our data show that Mukwonago's latest annual appreciation rate is higher than 80% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$246,412

Mukwonago, WI HOME PRICES

Value Range
> $1,107,000 0.0
$830,001 - $1,107,000 0.0
$553,001 - $830,000 1.4
$443,001 - $553,000 2.1
$332,001 - $443,000 14.0
$221,001 - $332,000 42.3
$111,001 - $221,000 36.5
$55,001 - $111,000 1.6
$0 - $55,000 2.1

Very High for WI
High for Nation

Value Relative to Nation Value Relative to State
23.1044181413336 14.7843942505133

Number Of Homes And Apartments:
3,046

Mukwonago 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
35.46% 1.77% 7 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$948 / per month

Homeownership Rate

Homeownership
Owners 66.33
Renters 33.67
Vacant 3.58

Housing Market Details

 

Age of Homes

AGE OF Mukwonago HOMES
2000 or Newer 21.2
1970 - 1999 56.1
1940 - 1969 14.8
1939 or Older 7.8

Types of Homes

TYPE OF Mukwonago HOMES
Single-Family 58.7
Townhomes 7.9
Small Apt. Buildings 6.0
Apt. Complexes 27.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Mukwonago HOMES
No Bedroom 1.01
1 Bedroom 7.72
2 Bedrooms 29.31
3 Bedrooms 45.05
4 Bedrooms 15.86
5 or more bedrooms 1.04

Popular Neighborhoods in Mukwonago

Zip Codes in Mukwonago, WI