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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Twin Lakes, WI Real Estate Market

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 Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Twin Lakes, WI Housing Market Trends

With 6,363 people, 2,738 houses or apartments, and a median cost of homes of $323,624, Twin Lakes real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Twin Lakes, accounting for 80.70% of the village's housing units. Other types of housing that are prevalent in Twin Lakes include large apartment complexes or high rise apartments ( 10.89%), row houses and other attached homes ( 5.88%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.53%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Twin Lakes. Owner-occupied housing accounts for 76.05% of Twin Lakes's homes, and 57.81% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Twin Lakes 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 Twin Lakes built between 1940-1969 ( 26.05%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.97%). There's also some housing in Twin Lakes built before 1939 ( 11.79%).

Vacant housing appears to be an issue in Twin Lakes. Fully 25.48% of the housing stock is classified as vacant. Left unchecked, vacant Twin Lakes homes and apartments can be a drag on the real estate market, holding Twin Lakes 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.

Twin Lakes Home Appreciation Rates

Real estate appreciation rates in Twin Lakes's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.93% during the period.

Over the last year, Twin Lakes appreciation rates have trailed the rest of the nation. In the last twelve months, Twin Lakes's appreciation rate has been 3.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Twin Lakes were at 3.94%, which equates to an annual appreciation rate of 16.70%.

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

Average Home Values

Median Home Value

$323,624

Twin Lakes, WI Home Prices
> $1,341,000
$1,005,001 - $1,341,000
$670,001 - $1,005,000
$537,001 - $670,000
$402,001 - $537,000
$268,001 - $402,000
$134,001 - $268,000
$67,001 - $134,000
$0 - $67,000
0.3%
0.3%
0.6%
0.6%
3.7%
3.7%
4.0%
4.0%
12.9%
12.9%
51.0%
51.0%
26.6%
26.6%
0.5%
0.5%
0.4%
0.4%
0% 100.0%
% of Homes
High

for Wisconsin

High

for nation

Number of Homes And Apartments:

2,738

Twin Lakes Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,615 / per month

Homeownership Rate

Owners
Renters
Vacant
76.1%
76.1%
23.9%
23.9%
25.5%
25.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.0%
15.0%
47.2%
47.2%
26.0%
26.0%
11.8%
11.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.7%
80.7%
5.9%
5.9%
2.5%
2.5%
10.9%
10.9%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
3.0%
3.0%
30.5%
30.5%
43.7%
43.7%
14.2%
14.2%
8.2%
8.2%
0% 100.0%
% of Homes