Wisconsin property values rise

For the first time since 2008, the state has seen an increase in the combined value of its residential properties, according to the Department of Revenue. As of Jan. 1, Wisconsin housing properties were worth a combined $336.8 billion, an $8.1 billion increase compared to the prior year, when values fell about 1.5%.

The value of all real estate in the state increased to $479 billion as of January, a 2.6% increase. Commercial properties increased 3.2% to $91 billion, and the only decline was in agricultural land, which fell 2.1% to $2 billion.