Pleasant Prairie, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Pleasant Prairie, 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

Pleasant Prairie Housing Market Information

With a population of 20,726, 7,526 total housing units (homes and apartments), and a median house value of $244,191, Pleasant Prairie real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Pleasant Prairie, accounting for 73.77% of the village's housing units. Other types of housing that are prevalent in Pleasant Prairie include large apartment complexes or high rise apartments ( 12.69%), mobile homes or trailers ( 5.77%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.34%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pleasant Prairie. Owner-occupied housing accounts for 79.48% of Pleasant Prairie's homes, and 67.43% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Pleasant Prairie 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 Pleasant Prairie built between 2000 and later ( 24.58%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.13%). There's also some housing in Pleasant Prairie built before 1939 ( 8.34%).

Pleasant Prairie Home Appreciation Rates

Pleasant Prairie's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Pleasant Prairie during the period has been just -1.50%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Pleasant Prairie's appreciation rate, at 4.64%, has been at or slightly above the national average. In the latest quarter, Pleasant Prairie's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

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

Average Home Values

 

Median Home Value:
$244,191

Pleasant Prairie, WI HOME PRICES

Value Range
> $1,111,000 1.2
$833,001 - $1,111,000 1.0
$556,001 - $833,000 1.9
$444,001 - $556,000 4.4
$334,001 - $444,000 12.9
$222,001 - $334,000 26.4
$111,001 - $222,000 39.9
$56,001 - $111,000 6.2
$0 - $56,000 5.9

Very High for WI
High for Nation

Value Relative to Nation Value Relative to State
23.409117543654 15.4004106776181

Number Of Homes And Apartments:
7,526

Pleasant Prairie 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
16.83% 0.91% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,232 / per month

Homeownership Rate

Homeownership
Owners 79.48
Renters 20.52
Vacant 6.47

Housing Market Details

 

Age of Homes

AGE OF Pleasant Prairie HOMES
2000 or Newer 24.6
1970 - 1999 42.9
1940 - 1969 24.1
1939 or Older 8.3

Types of Homes

TYPE OF Pleasant Prairie HOMES
Single-Family 73.8
Townhomes 3.4
Small Apt. Buildings 4.3
Apt. Complexes 12.7
Mobile Homes 5.8
Other 0.0

Home Size

SIZE OF Pleasant Prairie HOMES
No Bedroom 1.01
1 Bedroom 6.08
2 Bedrooms 21.23
3 Bedrooms 46.04
4 Bedrooms 21.39
5 or more bedrooms 4.26

Popular Neighborhoods in Pleasant Prairie

Zip Codes in Pleasant Prairie, WI