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 3,629, 1,887 total housing units (homes and apartments), and a median house value of $238,786, house prices in Lake Delton are solidly below the national average.
Large apartment complexes or high rise apartments are the single most common housing type in Lake Delton, accounting for 35.61% of the village's housing units. Other types of housing that are prevalent in Lake Delton include single-family detached homes ( 34.23%), mobile homes or trailers ( 22.10%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.38%). Villages that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of villages are often walkable and compact, and often have a lively downtown.
People in Lake Delton primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Lake Delton has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Lake Delton 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 Lake Delton built between 2000 and later ( 27.32%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.92%). There's also some housing in Lake Delton built before 1939 ( 2.35%).
Vacant housing appears to be an issue in Lake Delton. Fully 29.56% of the housing stock is classified as vacant. Left unchecked, vacant Lake Delton homes and apartments can be a drag on the real estate market, holding Lake Delton 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.
Real estate appreciation rates in Lake Delton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.12% during the period.
Over the last year, Lake Delton appreciation rates have trailed the rest of the nation. In the last twelve months, Lake Delton's appreciation rate has been 2.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lake Delton were at 0.96%, which equates to an annual appreciation rate of 3.90%.
Relative to Wisconsin, our data show that Lake Delton's latest annual appreciation rate is lower than 70% of the other cities and towns in Wisconsin.
$238,786
for Wisconsin
for nation
1,887
$1,420 / per month