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 about Scout's Real Estate Data
With a population of 1,257, 336 total housing units (homes and apartments), and a median house value of $124,827, house prices in Keshena are some of the most affordable in Wisconsin as well as the nation.
Single-family detached homes are the single most common housing type in Keshena, accounting for 91.33% of the town's housing units. Other types of housing that are prevalent in Keshena include large apartment complexes or high rise apartments ( 3.83%), mobile homes or trailers ( 3.06%), and a few row houses and other attached homes ( 1.79%).
Renters dominate Keshena's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.
There is a lot of housing in Keshena 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 Keshena built between 2000 and later ( 13.01%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.99%). There's also some housing in Keshena built before 1939 ( 5.36%).
Vacant housing appears to be an issue in Keshena. Fully 14.29% of the housing stock is classified as vacant. Left unchecked, vacant Keshena homes and apartments can be a drag on the real estate market, holding Keshena 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.
Real estate appreciation rates in Keshena's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.45% during the period.
Appreciation rates are so strong in Keshena that despite a nationwide downturn in the housing market, Keshena real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Keshena appreciation rates continue to be some of the highest in America, at 8.60%, which is higher than appreciation rates in 76.83% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Keshena. Keshena appreciation rates in the latest quarter were at 1.16%, which equates to an annual appreciation rate of 4.73%.
Relative to Wisconsin, our data show that Keshena's latest annual appreciation rate is higher than 60% of the other cities and towns in Wisconsin.
$124,827
for Wisconsin
for nation
336
$967 / per month