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 25,716, 10,846 total housing units (homes and apartments), and a median house value of $271,070, Stevens Point 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 Stevens Point, accounting for 53.40% of the city's housing units. Other types of housing that are prevalent in Stevens Point include large apartment complexes or high rise apartments ( 24.11%), duplexes, homes converted to apartments or other small apartment buildings ( 17.01%), and a few row houses and other attached homes ( 3.81%).
People in Stevens Point primarily live in small (one, two or no bedroom) single-family detached homes. Stevens Point has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Stevens Point 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 Stevens Point built before 1939 ( 24.16%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.33%). There's also some housing in Stevens Point built between 2000 and later ( 14.85%).
Appreciation rates for homes in Stevens Point have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.26%, which ranks in the top 50% nationwide. This equates to an annual average Stevens Point house appreciation rate of 6.81%.
Appreciation rates are so strong in Stevens Point that despite a nationwide downturn in the housing market, Stevens Point real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Stevens Point appreciation rates continue to be some of the highest in America, at 10.02%, which is higher than appreciation rates in 87.41% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Stevens Point. Stevens Point 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 Stevens Point's latest annual appreciation rate is higher than 80% 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 Stevens Point differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Stevens Point - 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 Stevens Point real estate investment or home purchase decisions.
$271,070
for Wisconsin
for nation
10,846
$1,328 / per month