Baraboo, WI

There is no doubt that the real estate market in the Baraboo, WI metropolitan statistical area (MSA) has been on a roller coaster ride over the past few years. After reaching record highs in 2006 and 2007, prices came crashing down during the Great Recession of 2008 and 2009. However, since bottoming out in 2010, prices have been steadily rising once again and are now approaching pre-recession levels.

One of the most notable trends in the Baraboo real estate market is the increasing popularity of "tiny homes." These homes, which are typically less than 400 square feet, have become popular among young adults and retirees who are looking to downsize or simplify their lives. In addition to being more affordable than traditional homes, tiny homes require less maintenance and can often be built on smaller pieces of land.

Another trend that is impacting the Baraboo real estate market is an increase in demand for rental properties. This is due in part to the fact that many people are still hesitant to purchase a home after witnessing the housing market crash of 2008. As a result, investors are snapping up properties and turning them into rental units. This has helped to drive up prices for both renters and buyers alike.

Overall, it seems that the real estate market in Baraboo is slowly but surely recovering from the devastating effects of the Great Recession. With interest rates remaining low and more people looking to downsize their living arrangements, it appears that this trend will continue for the foreseeable future.