Neopit, WI—54150
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Neopit, WI
Neopit, WI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Neopit, WI
Neopit, WI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Neopit, WI
Neopit, WI lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Neopit, WI
As of the latest ACS Survey released in 2023, Neopit, WI has a population of 1,130, which has decreased by -3.8% over the past 5 years. Neopit, WI is a popular place for families, as children make up 36.8% of the population. The area has a poorly educated workforce, with 10.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,130 | -3.8% |
% Under 18 | 36.8% | 7.3% |
% Seniors | 12.5% | 76.1% |
% WFH | 6.3% | -39.4% |
% w/ College Degree | 10.3% | 25.6% |
As of the latest ACS Survey released in 2023, Neopit, WI is a predominantly black area, with 2.3% of the population identifying as black. The black population has grown by 360.0% in the last 5 years. The second most common race or ethnicity in Neopit, WI is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.4% of the population in Neopit, WI, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 1.5% | -31.8% |
% Black | 2.3% | 360.0% |
% Hispanic | 1.6% | 700.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.4% | ∞% |
Mortgage and Risk — Neopit, WI
According to HUD data as of 2023, there were 9 mortgage originations in Neopit, WI, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Neopit, WI. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 9 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 44.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Neopit, WI
Neopit, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Neopit, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $63,100 |