Caledonia, WI Real Estate

Conveniently located near I-94, the village of Caledonia, Wisconsin provides urban and country living lifestyles. The easy access makes this village a highly desirable place to live for people needing to work in Milwaukee or Chicago while enjoying a “small town” atmosphere. Caledonia features 3.2 miles of lake and river areas. Populated by 3,283 people, Caledonia is a developing village that is focused on making it a better place to live for its residents.

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Real Estate
A large part of Caledonia residents live east of Highway 31 in the village’s “city” area. The community has an array of affordable housing to choose from within the area. From subdivisions to condominiums, the village offers homes to first-time buyers to families looking to settle into a more roomy environment. Housing options include Ranches, farm houses with large acreage, Colonials and elegant Mansions. The average cost of a home is currently $195,670.

School District
The Caledonia School District is looking into expanding its district to give students the attention and knowledge they deserve.

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As one of the largest villages, Caledonia provides a vast selection of events, attractions and cultural activities. The Caledonia Parks and Recreation Department “encourages a high quality of life for all residents,” and maintains parks such as Johnson Park Golf Course, Caledonia-Mt. Pleasant Memorial Park and Cliffside Park. Boating and swimming are activities that could be enjoyed with the shores of Lake Michigan nearby. The <a href=”http://www.racinezoo.org/” rel=”nofollow” target=”_blank”>Racine Zoological Gardens</a> are where you can observe wildlife, which includes: giraffes, rhinos, tigers and kangaroos. The newly redeveloped downtown area is the scene for festivals, boutiques, restaurants and repaved bike paths. There is access to beach areas and an abundance of amenities, as well.

Enjoy an excellent shopping experience around the Caledonia area. The Seven Mile Fair Flea Market showcases exhibits from vendors and residents from around the region. Valenti Antiques, Inc. displays 30 dealers who specialize in collectables, furniture, primitives and china.

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Caledonia was considered a town before becoming a village in 2006. The state legislature passed an exemption allowing the new label to the village.

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Caledonia properties for sale

Schools
Demographics

Population Demographics

  City County State
Total Population 26,793 198,358 5,852,878
Total Households 9,664 76,859 2,349,819
Total Families 7,581 52,475 1,516,725
Percent Male 50% 50% 50%
Percent Female 50% 50% 50%
White Collar Jobs 55% 54% 58%
Blue Collar Jobs 46% 46% 42%

Top Occupations

Professions Population Employed
Professional Services 2,867
Sales 1,407
Manufacturing 1,363
Healthcare 1,234
Maintenance 885
Management 688
Food 665
Transportation 605
Construction 541
Social Services 413

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Housing Demographics

  City County State
Total Housing Units
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Owner Occupied Housing Units 8,143 53,915 1,601,729
Renter Occupied Housing Units 1,521 22,944 748,090
Vacant Housing Units 507 6,435 311,518
Occupancy Rate 95% 90% 84%

Commute Time To Work

2
  City County State
Less than 5 minutes 248 3,371 135,725
5 - 15 minutes 2,164 30,130 877,463
15 - 30 minutes 3,685 30,617 975,154
30 - 45 minutes 1,422 13,549 370,565
45-60 minutes 350 5,504 120,537
Over 60 minutes 255 4,381 113,603

Total Housing Units

Housing By Occupant

Commute Time To Work

Age of Homeowners

Education Attainment

  City County State
Some High School 913 10,391 224,571
High School Graduate 4,904 42,601 1,256,597
Some College 3,606 31,979 833,955
Associates Degree 2,145 13,188 410,260
Bachelors Degree 3,900 21,556 747,113
Graduate Degree 1,965 11,117 384,121

Education Attainment


Market Conditions
Market Conditions for Caledonia - December 2019 | Shorewest Realtors®
December 2019

Market Conditions for Caledonia

Median Sale Price Graph

Median Sale Price

The median sale price for homes in December was $239,500. The median sales price for homes in December rose by $22,050 compared to last month. This represents a 10.14% increase from November. Compared to the same month last year, the median price of homes rose by $14,500 representing a 6.44% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 20 in December to 85. This represents 19.04% decrease from November when 105 homes were on the market. Compared to the same month last year when there were 72 homes for sale, the inventory of homes for sale has risen by 13 representing a 18.05% 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 29 homes sold in December was 7 more than in November. This represents a 31.81% increase in sales from November. Compared to the same month last year, the number of homes sold increased by 2, a 7.4% year-over-year increase.

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 December (52) increased by 16 days compared to November. This represents a 44.44% increase 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 increased by 18, a 52.94% 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 92.94% in December fell by 3.34% compared to November and decreased 3.03% 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 December (14) fell by 19 compared to November, a 57.57% change. Compared to December 2018, the number of new listings increased by 4, a 40% 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 December was $252,400. The median list price for homes in December rose by $54,400 compared to last month. This represents a 27.47% increase from November. Compared to the same month last year, the median list price of homes decreased ($25,000) representing a -9.01% year-over-year decrease.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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