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 15,638, 1,084 total housing units (homes and apartments), and a median house value of $298,889, 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%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and 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 5.94% during the period.
Appreciation rates are so strong in Whitewater that despite a nationwide downturn in the housing market, Whitewater real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Whitewater appreciation rates continue to be some of the highest in America, at 11.61%, which is higher than appreciation rates in 70.09% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Whitewater. Whitewater appreciation rates in the latest quarter were at 3.36%, which equates to an annual appreciation rate of 14.15%.
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.
$298,889
for Wisconsin
for nation
1,084
$1,296 / per month