Suamico, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Suamico, 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

Suamico Housing Market Information

With 12,187 people, 4,259 houses or apartments, and a median cost of homes of $224,254, Suamico real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Suamico, accounting for 89.68% of the village's housing units. Other types of housing that are prevalent in Suamico include duplexes, homes converted to apartments or other small apartment buildings ( 4.22%), row houses and other attached homes ( 3.96%), and a few large apartment complexes or high rise apartments ( 2.14%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Suamico. Owner-occupied housing accounts for 91.08% of Suamico's homes, and 78.63% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Suamico 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 Suamico built between 2000 and later ( 36.12%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.57%). There's also some housing in Suamico built before 1939 ( 5.11%).

Suamico Home Appreciation Rates

Appreciation rates for homes in Suamico have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.83%, which ranks in the top 50% nationwide. This equates to an annual average Suamico house appreciation rate of 0.18%.

Appreciation rates are so strong in Suamico that despite a nationwide downturn in the housing market, Suamico real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Suamico appreciation rates continue to be some of the highest in America, at 5.96%, which is higher than appreciation rates in 73.68% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Suamico. Suamico appreciation rates in the latest quarter were at 2.24%, which equates to an annual appreciation rate of 9.25%.

Importantly, this makes Suamico one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$224,254

Suamico, WI HOME PRICES

Value Range
> $1,106,000 0.8
$829,001 - $1,106,000 0.4
$552,001 - $829,000 1.8
$442,001 - $552,000 4.1
$332,001 - $442,000 14.9
$221,001 - $332,000 32.7
$110,001 - $221,000 40.7
$55,001 - $110,000 3.2
$0 - $55,000 1.5

High for WI
High for Nation

Value Relative to Nation Value Relative to State
26.9424586897926 20.5338809034908

Number Of Homes And Apartments:
4,259

Suamico 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
24.64% 1.29% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,085 / per month

Homeownership Rate

Homeownership
Owners 91.08
Renters 8.92
Vacant 5.86

Housing Market Details

 

Age of Homes

AGE OF Suamico HOMES
2000 or Newer 36.1
1970 - 1999 45.2
1940 - 1969 13.6
1939 or Older 5.1

Types of Homes

TYPE OF Suamico HOMES
Single-Family 89.7
Townhomes 4.0
Small Apt. Buildings 4.2
Apt. Complexes 2.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Suamico HOMES
No Bedroom 0.00
1 Bedroom 2.21
2 Bedrooms 15.21
3 Bedrooms 61.94
4 Bedrooms 16.69
5 or more bedrooms 3.96

Popular Neighborhoods in Suamico

Zip Codes in Suamico, WI