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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 11,576, 4,715 total housing units (homes and apartments), and a median house value of $215,691, Port Washington real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Port Washington, accounting for 56.63% of the city's housing units. Other types of housing that are prevalent in Port Washington include large apartment complexes or high rise apartments ( 23.62%), duplexes, homes converted to apartments or other small apartment buildings ( 12.01%), and a few row houses and other attached homes ( 7.60%).
The most prevalent building size and type in Port Washington are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.54% owning and 36.46% renting.
There is a lot of housing in Port Washington 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 Port Washington built between 1940-1969 ( 33.27%). A lesser amount of the housing stock also hails from before 1939 ( 16.45%). There's also some housing in Port Washington built between 2000 and later ( 12.67%).
Real estate appreciation rates in Port Washington's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.17% during the period.
Appreciation rates are so strong in Port Washington that despite a nationwide downturn in the housing market, Port Washington real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Port Washington appreciation rates continue to be some of the highest in America, at 6.79%, which is higher than appreciation rates in 79.93% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Port Washington. Port Washington appreciation rates in the latest quarter were at 1.02%, which equates to an annual appreciation rate of 4.13%.
Relative to Wisconsin, our data show that Port Washington's latest annual appreciation rate is higher than 80% of the other cities and towns in Wisconsin.
|$838,001 - $1,118,000||0.3|
|$559,001 - $838,000||2.5|
|$447,001 - $559,000||2.7|
|$336,001 - $447,000||8.1|
|$224,001 - $336,000||27.8|
|$112,001 - $224,000||52.7|
|$56,001 - $112,000||2.9|
|$0 - $56,000||2.6|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Port Washington HOMES|
|2000 or Newer||12.7|
|1970 - 1999||37.6|
|1940 - 1969||33.3|
|1939 or Older||16.5|
|TYPE OF Port Washington HOMES|
|Small Apt. Buildings||12.0|
|SIZE OF Port Washington HOMES|
|5 or more bedrooms||2.75|