Manitowoc, WI

Real estate in Manitowoc, Wisconsin is a hot commodity. The city has a population of just over 30,000 people and is located in the north-central part of the state. The city is home to several major employers, including General Motors and Kohler Co., which have helped drive up demand for housing.

The median price of a home in Manitowoc was $151,500 in 2017. This is well above the statewide median price of $146,500 but below the national median price of $217,000. The city has seen strong growth over the past few years and there are now more than 1,100 homes for sale compared to just 500 six years ago. This growth has led to tight inventory and high prices.

One reason for the high prices is that Manitowoc is a desirable location. The city is close to several major cities ( Milwaukee being the most notable) but it also has plenty of green space and amenities that make it a desirable place to live. There are also plenty of jobs available in the area, which helps drive up demand for housing.

Despite the high prices, there are still opportunities for buyers in Manitowoc. The city has a low unemployment rate (3% as of 2018) and there are plenty of homes available that would be suitable for many buyers’ needs. Additionally, there are some great deals available if you know where to look – especially if you are looking for properties that have been recently sold or are under contract.