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 657, 242 total housing units (homes and apartments), and a median house value of $456,078, Onalaska real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Onalaska, accounting for 67.03% of the town's housing units. Other types of housing that are prevalent in Onalaska include duplexes, homes converted to apartments or other small apartment buildings ( 27.47%), mobile homes or trailers ( 5.49%).
People in Onalaska primarily live in small (one, two or no bedroom) single-family detached homes. Onalaska has a mixture of owner-occupied and renter-occupied housing.
The housing in Onalaska was primarily built before 1939 ( 43.96%), making the housing stock in Onalaska some of the oldest overall in America, although there is a range of ages of homes in Onalaska. The next most important housing age is between 1970-1999 ( 38.83%), followed by between 2000 and later ( 12.45%). There's also some housing in Onalaska built between 1940-1969 ( 4.76%).
Vacant housing appears to be an issue in Onalaska. Fully 11.36% of the housing stock is classified as vacant. Left unchecked, vacant Onalaska homes and apartments can be a drag on the real estate market, holding Onalaska 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.
In the last 10 years, Onalaska has experienced some of the highest home appreciation rates of any community in the nation. Onalaska real estate appreciated 157.21% over the last ten years, which is an average annual home appreciation rate of 9.91%, putting Onalaska in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Onalaska definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Onalaska appreciation rates have trailed the rest of the nation. In the last twelve months, Onalaska's appreciation rate has been 1.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Onalaska were at 0.16%, which equates to an annual appreciation rate of 0.63%.
Notably, Onalaska's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Washington, our data show that Onalaska's latest annual appreciation rate is lower than 60% of the other cities and towns in Washington.
$456,078
for Washington
for nation
242
$1,299 / per month