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Study looks at cheapest, most expensive housing markets in Wisconsin


UNDATED (WSAU-Wheeler News)  Whitefish Bay is the most expensive place to buy a house in Wisconsin, and Ashland is the most economical. That's according to an affordability survey by the real estate firm of Coldwell Banker. It compared average prices in 1,900 U-S markets for a standard four-bedroom house with two baths. The Milwaukee suburb of Whitefish Bay had Wisconsin's highest average cost for such a house, at just over $464,000. Ashland had the most affordable price for the same type of home, at almost $105,000.

The Milwaukee suburb of Mequon had the state's second most-expensive price of $380,000. Hudson, near Minnesota's Twin Cities, was next at $379,000. Hayward and Eagle River rounded out the Top-Five. Richland Center had the second most economical price behind Ashland at $134,000. Wisconsin Rapids had the third-lowest average, followed by Rhinelander and Merrill.

The national average is just over $301,000 for the typical four-bedroom, two-bath house. Malibu, near Los Angeles, had the most expensive average in Coldwell Banker's survey, at almost $2.2-million. Cleveland Ohio had the cheapest average, almost $64,000.