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 25,208, 10,302 total housing units (homes and apartments), and a median house value of $354,718, Caledonia real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Caledonia, accounting for 79.26% of the village's housing units. Other types of housing that are prevalent in Caledonia include large apartment complexes or high rise apartments ( 12.78%), row houses and other attached homes ( 5.28%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.37%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Caledonia. Owner-occupied housing accounts for 79.53% of Caledonia's homes, and 71.79% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Caledonia 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 Caledonia built between 1940-1969 ( 29.33%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.61%). There's also some housing in Caledonia built before 1939 ( 4.82%).
Appreciation rates for homes in Caledonia have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.04%, which ranks in the top 50% nationwide. This equates to an annual average Caledonia house appreciation rate of 6.80%.
Over the last year, Caledonia appreciation rates have trailed the rest of the nation. In the last twelve months, Caledonia's appreciation rate has been 2.64%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Caledonia were at 2.41%, which equates to an annual appreciation rate of 9.98%.
Relative to Wisconsin, our data show that Caledonia's latest annual appreciation rate is lower than 90% 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 village. Individual neighborhoods within Caledonia differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Caledonia - 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 Caledonia real estate investment or home purchase decisions.
$354,718
for Wisconsin
for nation
10,302
$1,480 / per month