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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Caledonia, 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 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Caledonia, WI Housing Market Trends

With 25,208 people, 10,302 houses or apartments, and a median cost of homes 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%).

Caledonia Home Appreciation Rates

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.

Average Home Values

Median Home Value

$354,718

Caledonia, WI Home Prices
> $1,374,000
$1,031,001 - $1,374,000
$687,001 - $1,031,000
$550,001 - $687,000
$412,001 - $550,000
$275,001 - $412,000
$137,001 - $275,000
$69,001 - $137,000
$0 - $69,000
0.6%
0.6%
0.3%
0.3%
4.9%
4.9%
6.0%
6.0%
21.6%
21.6%
38.2%
38.2%
24.5%
24.5%
1.7%
1.7%
2.1%
2.1%
0% 100.0%
% of Homes
High

for Wisconsin

High

for nation

Number of Homes And Apartments:

10,302

Caledonia Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,480 / per month

Homeownership Rate

Owners
Renters
79.5%
79.5%
20.5%
20.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.3%
3.3%
96.7%
96.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
16.6%
16.6%
49.2%
49.2%
29.3%
29.3%
4.8%
4.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
79.3%
79.3%
5.3%
5.3%
2.4%
2.4%
12.8%
12.8%
0.3%
0.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.1%
0.1%
6.3%
6.3%
19.0%
19.0%
50.5%
50.5%
21.3%
21.3%
2.8%
2.8%
0% 100.0%
% of Homes