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 3,224 people, 1,230 houses or apartments, and a median cost of homes of $189,546, house prices in Onalaska are solidly below the national average.
Mobile homes or trailers are the single most common housing type in Onalaska, accounting for 59.05% of the city's housing units. Other types of housing that are prevalent in Onalaska include single-family detached homes ( 39.31%).
Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Onalaska. Owner-occupied housing accounts for 74.54% of Onalaska's homes, and 62.98% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Onalaska 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 Onalaska built between 2000 and later ( 37.20%). A lesser amount of the housing stock also hails from between 1940-1969 ( 1.46%).
Vacant housing appears to be an issue in Onalaska. Fully 27.94% 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.
Appreciation rates for homes in Onalaska have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.58%, which ranks in the top 40% nationwide. This equates to an annual average Onalaska house appreciation rate of 7.31%.
NeighborhoodScout's data show that during the latest twelve months, Onalaska's appreciation rate, at 3.40%, has been at or slightly above the national average. In the latest quarter, Onalaska's appreciation rate has been 3.65%, which annualizes to a rate of 15.40%.
Importantly, this makes Onalaska one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Texas, our data show that Onalaska's latest annual appreciation rate is higher than 60% of the other cities and towns in Texas.
$189,546
for Texas
for nation
1,230
$1,408 / per month