Housing prices have risen faster than incomes in northeast Wisconsin in recent years, according to the Housing Now Coalition of Northeast Wisconsin . In Howard, village officials are looking at how to curb the increase.
Construction costs for a single family home in the village of Howard have more than doubled in the last decade, according to the latest permit activity report.
On Thursday the Wisconsin Realtors Association released their December 2023 report . Compared to December 2022, the statewide median home price went up eight percent. The region of northeast Wisconsin came in as the fourth most expensive median home price in the state at $250,000.
“I don’t anticipate that the prices are going to be coming down,” Diane Campshure Walczyk, Realtors Association of Northeast Wisconsin President, said. She has been in real estate for 37 years. She said home prices have gone up 13% in Brown County in the past year.
“Prior to the last three years or so, it was maybe four percent appreciation per year,” she said in her office Thursday morning. “So, 13% in one year, you know, is big.”