Fox Point, WI Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Fox Point, WI Housing Market Trends

With a population of 6,543, 2,806 total housing units (homes and apartments), and a median house value of $322,912, Fox Point real estate is some of the most expensive in Wisconsin, although Fox Point home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Fox Point, accounting for 81.71% of the village's housing units. Other types of housing that are prevalent in Fox Point include large apartment complexes or high rise apartments ( 16.99%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fox Point. Owner-occupied housing accounts for 79.98% of Fox Point's homes, and 67.57% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Fox Point's housing was primarily built during this period, from the '40s through the '60s. A full 63.29% of the village's housing hails from this era. Other housing ages represented in Fox Point include homes built between 1970-1999 ( 21.80%) and housing constructed before 1939 ( 12.39%). There's also some housing in Fox Point built between 2000 and later ( 2.53%).

Fox Point Home Appreciation Rates

Fox Point's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fox Point during the period has been just 2.83%, which is lower than 70% of US communities.

Over the last year, Fox Point appreciation rates have trailed the rest of the nation. In the last twelve months, Fox Point's appreciation rate has been 6.70%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fox Point were at 1.91%, which equates to an annual appreciation rate of 7.85%.

Notably, Fox Point's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Wisconsin, our data show that Fox Point's latest annual appreciation rate is lower than 70% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$322,912

Fox Point, WI HOME PRICES

> $1,163,000
5.4%
5.4%
$873,001 - $1,163,000
4.4%
4.4%
$582,001 - $873,000
9.8%
9.8%
$465,001 - $582,000
11.5%
11.5%
$349,001 - $465,000
25.0%
25.0%
$233,001 - $349,000
32.4%
32.4%
$116,001 - $233,000
7.0%
7.0%
$58,001 - $116,000
1.9%
1.9%
$0 - $58,000
2.5%
2.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for WI

Value Relative To Nation

Number Of Homes And Apartments:
2,806

Fox Point Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
60.45% 2.22%
5
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,597 / per month

Homeownership Rate

Owners
80.0%
80.0%
Renters
20.0%
20.0%
Vacant
1.5%
1.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
2.5%
2.5%
1970 - 1999
21.8%
21.8%
1940 - 1969
63.3%
63.3%
1939 or Older
12.4%
12.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
81.7%
81.7%
Townhomes
0.4%
0.4%
Small Apt. Buildings
0.7%
0.7%
Apt. Complexes
17.0%
17.0%
Mobile Homes
0.2%
0.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.2%
1.2%
1 Bedroom
9.5%
9.5%
2 Bedrooms
15.4%
15.4%
3 Bedrooms
41.0%
41.0%
4 Bedrooms
26.6%
26.6%
5 or more bedrooms
6.3%
6.3%
0.0% 100.0%
% OF HOMES