Reeseville, WI Real Estate

Reeseville Real Estate

Reeseville, Wisconsin is a quaint community in Dodge County. Populated by 696 people, the rural village is industry based with businesses such as Midwest General Repair, A-OK Industries and Specialty Cheese Factory and Distribution. Surrounding communities include Juneau, Beaver Dam, Watertown and Waterloo. Serviced by WI-16 and US-515, Reeseville offers easy access to Madison and Milwaukee.

Real Estate
The Reeseville housing market offers plenty of homes for sale. Houses on the market include Ranches with open concepts, charming Dutch Colonials, newly constructed homes and five-bedroom Farmettes. Homes in the area have spacious lots and offer plenty of privacy. The average cost of home in Reeseville is $109,430 with the cost of living 13.60% lower than the U.S. average.

Amenities
The village of Reeseville maintains two parks that the whole family can enjoy. Fireman’s Park is a host to events and has recently been renovated. The park has incorporated a new playground for kids in the community. It also offers two baseball diamonds for recreation. With the addition of the Reeseville Community Center, the park has become the designated area for community events. The Fireman’s Annual Corn Roast is held at the park every August. People can enjoy brats, burgers, adult beverages and the specialty roasted corn. Kids can also partake in games at the roast. The village of Reeseville Mini Park offers a playground, basketball court and a gazebo for celebrations and picnics.

Reeseville provides youth pony, pee-wee, little league and junior baseball programs. Games are played at the baseball diamonds at Fireman’s Park. The games are scheduled during the spring and summer seasons.

The village’s library provides a quality assortment of books and educational tools. The library hosts events such as “Night at the Library” to encourage residents to enjoy reading. Fundraisers and sales of used books are held to help out the communities’ programs.

History
In 1844, the Reese family was among the first pioneers to become established in the area. Samuel Reese and his son were well-known farmers. Samuel passed away and was buried in the [Reeseville] cemetery in 1875. Adam Reese moved from New York state with wife Mary in 1841. Adam was a farmer and a school teacher in the area. Adam was elected supervisor, justice of the peace and county superintendent of schools as the community grew. Reese took charge of a railroad station that was built on his land. The railroad was named Reeseville in 1865. With the established railroad, the community continued to develop. The village was incorporated on October 26, 1889.

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Demographics

Population Demographics

  City County State
Total Population 1,710 90,978 5,742,119
Total Households 693 34,234 2,299,100
Total Families 464 22,871 1,469,281
Population Density 38 6,362 446,124
Percent Male 51% 52% 50%
Percent Female 49% 48% 50%
White Collar Jobs 41% 46% 56%
Blue Collar Jobs 59% 54% 44%

Top Occupations

Professions Population Employed
Transportation 236
Manufacturing 209
Healthcare 169
Sales 134
Retail 126
Construction 113
Natural Resources 112
Management 68
Agriculture 61
Information, Scientific and Technical 46

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 766 38,245 2,641,602
Owner Occupied Housing Units 576 24,892 1,547,197
Renter Occupied Housing Units 131 9,366 751,903
Vacant Housing Units 60 3,989 342,513
Occupancy Rate 92% 90% 87%
Vehicles Per Housing Unit 2 44 1,563

Commute Time To Work

  City County State
Less than 5 minutes 42 3,618 124,926
5 - 14 minutes 129 7,501 372,023
15 - 29 minutes 361 5,418 448,234
30 - 44 minutes 168 4,105 290,512
45-59 minutes 74 3,122 152,657
Over 60 minutes 80 2,177 85,608

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 161 7,634 347,427
High School Graduate 517 25,929 1,239,522
Some College 236 13,970 817,979
Associates Degree 146 6,405 390,482
Bachelors Degree 91 7,384 713,854
Graduate Degree 47 2,382 261,565

Education Attainment


Market Conditions
Market Conditions for Reeseville - September 2019 | Shorewest Realtors®
September 2019

Market Conditions for Reeseville

Median Sale Price Graph

Median Sale Price

The median sale price for homes in September was $0. The median sales price for homes in September fell by ($180,000) compared to last month. This represents a % decrease from August. Compared to the same month last year, the median price of homes fell by ($82,500) representing a % year-over-year change.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale rose by 1 in September to 3. This represents 50% increase from August when 2 homes were on the market. Compared to the same month last year when there were 1 homes for sale, the inventory of homes for sale has risen by 2 representing a 200% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 0 homes sold in September was 1 less than in August. This represents a % decrease in sales from August. Compared to the same month last year, the number of homes sold decreased by 1, a % year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in September (0) decreased by 2 days compared to August. This represents a % decrease in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 35, a % year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 0% in September fell by % compared to August and decreased % compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in September (1) remained level Compared to September 2018, the number of new listings increased by 1, a % year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in September was $89,900. The median list price for homes in September fell by ($35,000) compared to last month. This represents a 28.02% decrease from August. Compared to the same month last year, the median list price of homes increased $89,900 representing a % year-over-year increase.




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