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 10,057, 3,959 total housing units (homes and apartments), and a median house value of $290,280, Reedsburg 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 Reedsburg, accounting for 59.82% of the city's housing units. Other types of housing that are prevalent in Reedsburg include large apartment complexes or high rise apartments ( 16.76%), duplexes, homes converted to apartments or other small apartment buildings ( 11.58%), and a few mobile homes or trailers ( 7.35%).
The most prevalent building size and type in Reedsburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.13% owning and 36.87% renting.
There is a lot of housing in Reedsburg 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 Reedsburg built between 2000 and later ( 31.30%). A lesser amount of the housing stock also hails from before 1939 ( 15.65%). There's also some housing in Reedsburg built between 1940-1969 ( 13.38%).
Appreciation rates for homes in Reedsburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 99.99%, which ranks in the top 40% nationwide. This equates to an annual average Reedsburg house appreciation rate of 7.18%.
NeighborhoodScout's data show that during the latest twelve months, Reedsburg's appreciation rate, at 5.97%, has been at or slightly above the national average. In the latest quarter, Reedsburg's appreciation rate has been 1.16%, which annualizes to a rate of 4.73%.
Relative to Wisconsin, our data show that Reedsburg's latest annual appreciation rate is lower than 70% of the other cities and towns in Wisconsin.
$290,280
for Wisconsin
for nation
3,959
$1,416 / per month