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 15,638 people, 1,084 houses or apartments, and a median cost of homes of $301,335, Whitewater real estate and house prices are near the national average for all cities and towns.
Large apartment complexes or high rise apartments are the single most common housing type in Whitewater, accounting for 53.60% of the city's housing units. Other types of housing that are prevalent in Whitewater include row houses and other attached homes ( 17.53%), duplexes, homes converted to apartments or other small apartment buildings ( 10.15%), and a few mobile homes or trailers ( 9.96%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.
Whitewater is dominated by renter-occupied one, two, or no bedrooms apartments. 82.47% of Whitewater's dwellings are rentals.
There is a lot of housing in Whitewater 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 Whitewater built between 2000 and later ( 19.28%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.04%).
Real estate appreciation rates in Whitewater's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.09% during the period.
NeighborhoodScout's data show that during the latest twelve months, Whitewater's appreciation rate, at 7.92%, has been at or slightly above the national average. In the latest quarter, Whitewater's appreciation rate has been 1.16%, which annualizes to a rate of 4.73%.
Relative to Wisconsin, our data show that Whitewater's latest annual appreciation rate is lower than 50% 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 Whitewater differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Whitewater - 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 Whitewater real estate investment or home purchase decisions.
$301,335
for Wisconsin
for nation
1,084
$1,346 / per month