Metropolitan Statistical Area (MSA):

Wausau, WI

Wausau, WI is a Metropolitan Statistical Area (MSA) comprising counties including .

Housing Market Trends in the Wausau, WI Metropolitan Statistical Area

There is no doubt that the Wausau, WI metropolitan statistical area (MSA) has seen some incredible real estate trends over the past few years. The area has experienced a population boom, and as a result, the housing market has been booming as well.

The average home price in the Wausau MSA has increased significantly over the past few years. In fact, according to Zillow, the median home value in the area is now $183,700, which is an increase of nearly 8% from just last year. Additionally, homes are selling much faster than they were just a few years ago. The average home in the Wausau MSA now spends just 72 days on the market before being sold - that's down from an average of 84 days just two years ago.

Rent prices have also increased significantly in recent years due to high demand from both new residents and current residents who are looking for more affordable housing options. According to Rent Jungle, the average rent for an apartment in the Wausau MSA is now $937 per month - that's an increase of nearly 5% from last year.

There is no doubt that these trends are having a positive impact on both buyers and sellers in the Wausau MSA real estate market. With prices rising and homes selling quickly, it's a great time to be a seller in this market. And with rents also on the rise, it's becoming increasingly difficult for renters to find affordable housing options - making it a great time to invest in rental properties in this market as well.

Get Started