Sturgeon Bay, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Sturgeon Bay, 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

Sturgeon Bay Housing Market Information

With 8,956 people, 4,397 houses or apartments, and a median cost of homes of $149,358, Sturgeon Bay real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Sturgeon Bay, accounting for 65.79% of the city's housing units. Other types of housing that are prevalent in Sturgeon Bay include large apartment complexes or high rise apartments ( 15.47%), duplexes, homes converted to apartments or other small apartment buildings ( 8.65%), and a few mobile homes or trailers ( 7.11%).

The most prevalent building size and type in Sturgeon Bay are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.33% owning and 36.67% renting.

There is a lot of housing in Sturgeon Bay 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 Sturgeon Bay built between 1940-1969 ( 25.20%). A lesser amount of the housing stock also hails from before 1939 ( 19.94%). There's also some housing in Sturgeon Bay built between 2000 and later ( 14.11%).

Vacant housing appears to be an issue in Sturgeon Bay. Fully 11.99% of the housing stock is classified as vacant. Left unchecked, vacant Sturgeon Bay homes and apartments can be a drag on the real estate market, holding Sturgeon Bay real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Sturgeon Bay Home Appreciation Rates

Real estate appreciation rates in Sturgeon Bay's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.79% during the period.

Over the last year, Sturgeon Bay appreciation rates have trailed the rest of the nation. In the last twelve months, Sturgeon Bay's appreciation rate has been 2.34%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sturgeon Bay were at 0.52%, which equates to an annual appreciation rate of 2.09%.

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

Average Home Values

 

Median Home Value:
$149,358

Sturgeon Bay, WI HOME PRICES

Value Range
> $1,034,000 0.4
$775,001 - $1,034,000 0.2
$517,001 - $775,000 2.1
$414,001 - $517,000 1.9
$310,001 - $414,000 6.0
$207,001 - $310,000 13.9
$103,001 - $207,000 51.0
$52,001 - $103,000 15.5
$0 - $52,000 8.9

Low for WI
Average for Nation

Value Relative to Nation Value Relative to State
50.2988397984296 67.1457905544148

Number Of Homes And Apartments:
4,397

Sturgeon Bay 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
17.74% 0.95% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$802 / per month

Homeownership Rate

Homeownership
Owners 63.33
Renters 36.67
Vacant 11.99

Housing Market Details

 

Age of Homes

AGE OF Sturgeon Bay HOMES
2000 or Newer 14.1
1970 - 1999 40.8
1940 - 1969 25.2
1939 or Older 19.9

Types of Homes

TYPE OF Sturgeon Bay HOMES
Single-Family 65.8
Townhomes 3.0
Small Apt. Buildings 8.6
Apt. Complexes 15.5
Mobile Homes 7.1
Other 0.0

Home Size

SIZE OF Sturgeon Bay HOMES
No Bedroom 2.52
1 Bedroom 7.45
2 Bedrooms 33.39
3 Bedrooms 39.95
4 Bedrooms 15.31
5 or more bedrooms 1.38

Popular Communities Near Sturgeon Bay, WI

Zip Codes in Sturgeon Bay, WI