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 15,969 people, 6,658 houses or apartments, and a median cost of homes of $283,729, Weston real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Weston, accounting for 59.16% of the village's housing units. Other types of housing that are prevalent in Weston include large apartment complexes or high rise apartments ( 20.08%), mobile homes or trailers ( 7.63%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.72%).
The most prevalent building size and type in Weston are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 62.38% owning and 37.62% renting.
There is a lot of housing in Weston 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 Weston built between 2000 and later ( 32.40%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.48%). There's also some housing in Weston built before 1939 ( 1.94%).
Real estate appreciation rates in Weston's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.47% during the period.
Appreciation rates are so strong in Weston that despite a nationwide downturn in the housing market, Weston real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Weston appreciation rates continue to be some of the highest in America, at 6.85%, which is higher than appreciation rates in 87.02% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Weston. Weston appreciation rates in the latest quarter were at 5.96%, which equates to an annual appreciation rate of 26.06%.
Importantly, this makes Weston one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to Wisconsin, our data show that Weston's latest annual appreciation rate is higher than 90% of the other cities and towns in Wisconsin.
$283,729
for Wisconsin
for nation
6,658
$1,501 / per month