54667, Westby, WI

Westby, WI is a small town located in the southeast corner of Wisconsin. The population of Westby was just over 1,000 in the 2010 census. The median household income was just over $50,000 and the unemployment rate was just under 3%.

The home equity and home prices in Westby are very high compared to the rest of Wisconsin. The average home value in Westby is $225,000 which is more than twice the statewide average of $106,500. The median home equity in Westby is also very high at $187,500 which is more than three times the statewide median of $41,250.

There are several reasons why Westby's home values and home equity are so high. First, Westby has a relatively low population density which means there are fewer homes for sale compared to larger cities. Second, Westby has a strong economy with good job opportunities and low unemployment rates. Third, most homes in Westby were built between 1970 and 2000 which means they are older and typically have higher value than newer homes. Fourth, Westby has excellent schools with highly rated teachers which contributes to high home values. Finally, many homeowners in Westby have taken advantage of generous mortgage interest rates available during the recent housing market boom years.