Sheboygan, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Sheboygan Neighborhoods Since 2000




Sheboygan, 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

Sheboygan Housing Market Information

With 48,797 people, 20,183 houses or apartments, and a median cost of homes of $130,070, house prices in Sheboygan are solidly below the national average.

Single-family detached homes are the single most common housing type in Sheboygan, accounting for 55.30% of the city's housing units. Other types of housing that are prevalent in Sheboygan include duplexes, homes converted to apartments or other small apartment buildings ( 23.23%), large apartment complexes or high rise apartments ( 16.28%), and a few row houses and other attached homes ( 3.02%).

The most prevalent building size and type in Sheboygan are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.45% owning and 40.55% renting.

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. Sheboygan's housing was primarily built during this period, from the '40s through the '60s. A full 35.60% of the city's housing hails from this era. Other housing ages represented in Sheboygan include homes built before 1939 ( 32.29%) and housing constructed between 1970-1999 ( 28.31%). There's also some housing in Sheboygan built between 2000 and later ( 3.81%).

Sheboygan Home Appreciation Rates

Sheboygan's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sheboygan during the period has been just -1.38%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Sheboygan's appreciation rate, at 3.99%, has been at or slightly above the national average. In the latest quarter, Sheboygan's appreciation rate has been -0.84%, which annualizes to a rate of -3.30%.

Notably, Sheboygan's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Wisconsin, our data show that Sheboygan's latest annual appreciation rate is lower than 50% 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 Sheboygan differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sheboygan - 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 Sheboygan real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$130,070

Sheboygan, WI HOME PRICES

Value Range
> $1,070,000 0.3
$803,001 - $1,070,000 0.1
$535,001 - $803,000 0.3
$428,001 - $535,000 0.4
$321,001 - $428,000 1.1
$214,001 - $321,000 6.2
$107,001 - $214,000 47.0
$54,001 - $107,000 38.5
$0 - $54,000 6.1

Very Low for WI
Average for Nation

Value Relative to Nation Value Relative to State
59.8441345365053 84.8049281314168

Number Of Homes And Apartments:
20,183

Sheboygan 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
9.83% 0.55% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$820 / per month

Homeownership Rate

Homeownership
Owners 59.45
Renters 40.55
Vacant 8.23

Housing Market Details

 

Age of Homes

AGE OF Sheboygan HOMES
2000 or Newer 3.8
1970 - 1999 28.3
1940 - 1969 35.6
1939 or Older 32.3

Types of Homes

TYPE OF Sheboygan HOMES
Single-Family 55.3
Townhomes 3.0
Small Apt. Buildings 23.2
Apt. Complexes 16.3
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Sheboygan HOMES
No Bedroom 1.67
1 Bedroom 10.46
2 Bedrooms 34.62
3 Bedrooms 40.42
4 Bedrooms 11.08
5 or more bedrooms 1.75