Neenah, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Neenah Neighborhoods Since 2000




Neenah, 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

Neenah Housing Market Information

With 25,792 people, 10,812 houses or apartments, and a median cost of homes of $138,977, house prices in Neenah are solidly below the national average.

Single-family detached homes are the single most common housing type in Neenah, accounting for 67.44% of the city's housing units. Other types of housing that are prevalent in Neenah include large apartment complexes or high rise apartments ( 17.64%), duplexes, homes converted to apartments or other small apartment buildings ( 11.55%), and a few row houses and other attached homes ( 3.30%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Neenah. Owner-occupied housing accounts for 65.69% of Neenah's homes, and 56.95% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Neenah 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 Neenah built between 1940-1969 ( 34.29%). A lesser amount of the housing stock also hails from before 1939 ( 18.69%). There's also some housing in Neenah built between 2000 and later ( 12.06%).

Neenah Home Appreciation Rates

Appreciation rates for homes in Neenah have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.34%, which ranks in the top 50% nationwide. This equates to an annual average Neenah house appreciation rate of 0.03%.

Appreciation rates are so strong in Neenah that despite a nationwide downturn in the housing market, Neenah real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Neenah appreciation rates continue to be some of the highest in America, at 7.27%, which is higher than appreciation rates in 82.80% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Neenah. Neenah appreciation rates in the latest quarter were at 3.25%, which equates to an annual appreciation rate of 13.63%.

Importantly, NeighborhoodScout’s exclusive research found that Neenah's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$138,977

Neenah, WI HOME PRICES

Value Range
> $1,095,000 1.0
$821,001 - $1,095,000 0.3
$548,001 - $821,000 1.2
$438,001 - $548,000 1.8
$328,001 - $438,000 3.4
$219,001 - $328,000 10.5
$109,001 - $219,000 56.9
$55,001 - $109,000 21.8
$0 - $55,000 3.0

Low for WI
Average for Nation

Value Relative to Nation Value Relative to State
55.2619242939177 79.4661190965092

Number Of Homes And Apartments:
10,812

Neenah 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
23.67% 1.24% 4 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$807 / per month

Homeownership Rate

Homeownership
Owners 65.69
Renters 34.31
Vacant 4.04

Housing Market Details

 

Age of Homes

AGE OF Neenah HOMES
2000 or Newer 12.1
1970 - 1999 35.0
1940 - 1969 34.3
1939 or Older 18.7

Types of Homes

TYPE OF Neenah HOMES
Single-Family 67.4
Townhomes 3.3
Small Apt. Buildings 11.5
Apt. Complexes 17.6
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Neenah HOMES
No Bedroom 1.24
1 Bedroom 8.84
2 Bedrooms 30.43
3 Bedrooms 39.88
4 Bedrooms 17.08
5 or more bedrooms 2.53