Rhinelander, WI

Real estate in Rhinelander, Wisconsin is a hot commodity. With a population of just over 10,000 people, the city has seen an influx of new residents in recent years. This has led to an increase in demand for housing and real estate.

The city is located in the northeast corner of Wisconsin and is bordered by the Menominee Indian Reservation to the east and by Lake Michigan to the north and west. The city is bisected by US Highway 41 which forms its southern border. The city's downtown area is located on US Highway 41 at its intersection with State Highway 20.

Rhinelander enjoys a temperate climate with cold winters and warm summers. The average temperature in January is -10 degrees Fahrenheit while the average temperature in July is 86 degrees Fahrenheit. There are approximately 300 days annually when temperatures reach 90 degrees or higher. The city experiences about 16 inches of snowfall annually which makes driving conditions difficult during wintertime. However, Rhinelander does have a seasonal road closure program that allows residents access to their homes even during severe weather conditions.

The median price of homes sold in Rhinelander between January 1st and December 31st was $157,500 according to data from Zillow . This represents an increase of 5% from last year's median price of $152,000 。 In terms of location, neighborhoods within Rhinelander that have seen the highest growth rates over the past year include: Heritage Hills (up 12%), Northwoods (up 10%), Lakeshore (up 9%), Eastwood (up 8%) and Westwood (up 7%).

There are many factors that contribute to real estate prices including population growth, job opportunities, availability of housing stock and market trends 。 In addition to these general market factors there are also specific aspects of Rhinelander that make it desirable for buyers or renters: its close proximity to major metropolitan areas such as Milwaukee and Chicago; its excellent schools; its low crime rate; its high quality infrastructure including roads, utilities and public safety; as well as its diverse cultural landscape including Native American heritage sites like Chippewa Falls State Park .