Multi–family Homes in Challenge | Reonomy

Multi–family Homes in Challenge

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Reonomy attracts a large community of Challenge commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in multi–family homes.

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Challenge multi-family home sold prices and values

Values and sold prices (last 24 months) United States Wisconsin Challenge
Average price/sqft -- -- --
Average sold price $1,570,573 $412,158 --
Median sold price $185,458 $139,312 --
Number of sales 578,439 13,890 --
Number of sales over $250k 247,952 3,807 --
Number of sales over $1m 73,903 913 --
Number of sales over $10m 13,081 82 --
Average total tax amount $14,771 $5,947 --
Average assessed value $639,649 $244,558 --
Average market value $860,648 $238,411 --

Challenge multi-family home property averages

Property averages United States Wisconsin Challenge
Average lot size 102,481 sf 35,436 sf --
Median lot size 6,995 sf 5,831 sf --
Average building area -- -- --
Median building area -- -- --
Median year built 1950 1924 --
Average number of units 8 3 --
Median number of units 2 2 --

Challenge multi-family home total supply

Supply United States Wisconsin Challenge
Number of parcels 4,376,133 86,312 --
Aggregate lot acerage 15,011,977 242,384 --
Aggregate building area -- -- --
Aggregate units 27,144,992 268,213 --

Challenge multi-family home industrial mortgages

Debt United States Wisconsin Challenge
Number of mortgages 11,974,486 205,996 --
Average value of mortgages $1,954,025 $670,091 --

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