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Cities with the fastest-growing home prices in the Great Falls metro area
Zillow data show some metro areas still posting gains as limited supply supports prices, even as higher mortgage rates slow growth.
Oconomowoc Lake, WI and Shorewood Hills, WI rank among the most expensive home markets in the Wisconsin metro area.
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Increasing mortgage rates have cooled the market, causing price declines in some regions.
Typical home values vary across the region, with Maple Bluff, WI , River Hills, WI , and Summit, WI reflecting diverse local market conditions.
Many communities report sustained appreciation, such as Center, WI, which saw a 5-year price increase of 47.8%, while other areas show more moderate gains.
Market data tracked since January 2018 suggests complex local dynamics, where neighborhood-level supply and demand drive price appreciation across the entire metro area.