The market in numbers
Home values over the last two years
The typical home in Wisconsin was worth $283,600 in September 2024 and $311,900 in August 2026, a change of +10.0% over two years. Values are at the highest point of the period.
Housing markets by metro
Typical home value, 12-month change and rents for each metro area in Wisconsin, largest first. Linked metros have their own report, ZIP code by ZIP code. Where a metro crosses a state line, the figures cover only its part inside Wisconsin. Of Wisconsin's ZIP codes, 198 lie outside any metro area.
| Metro area | ZIP codes | Home value | 12 months | Monthly rent | Gross yield |
|---|---|---|---|---|---|
| Milwaukee | 79 | $419,600 | +5.4% | $1,500 | 5.8% |
| Madison | 59 | $431,500 | +3.7% | $1,700 | 4.4% |
| Green Bay | 30 | $345,500 | +10.1% | $1,200 | 4.5% |
| Racine | 12 | $361,200 | +4.5% | $1,500 | 5.9% |
| Appleton | 18 | $332,100 | +5.7% | $1,300 | 4.3% |
| Eau Claire | 19 | $300,300 | +4.0% | $1,100 | 4.5% |
| Oshkosh | 11 | $347,600 | +3.9% | $1,200 | 6.0% |
| Chicago | 10 | $356,200 | +3.9% | $1,700 | 6.5% |
| Minneapolis | 24 | $366,200 | +5.3% | $1,600 | 4.7% |
| Janesville | 11 | $325,600 | +8.1% | $1,200 | 5.2% |
| Wisconsin Rapids | 11 | $256,600 | +10.0% | n/a | n/a |
| La Crosse | 10 | $340,300 | +8.4% | $1,300 | 4.6% |
| Wausau | 23 | $261,000 | +9.4% | $1,000 | 4.5% |
| Fond du Lac | 14 | $346,000 | +4.0% | n/a | n/a |
| Sheboygan | 13 | $373,900 | +5.2% | n/a | n/a |
Show all 27 metro areas
| Metro area | ZIP codes | Home value | 12 months | Monthly rent | Gross yield |
|---|---|---|---|---|---|
| Milwaukee | 79 | $419,600 | +5.4% | $1,500 | 5.8% |
| Madison | 59 | $431,500 | +3.7% | $1,700 | 4.4% |
| Green Bay | 30 | $345,500 | +10.1% | $1,200 | 4.5% |
| Racine | 12 | $361,200 | +4.5% | $1,500 | 5.9% |
| Appleton | 18 | $332,100 | +5.7% | $1,300 | 4.3% |
| Eau Claire | 19 | $300,300 | +4.0% | $1,100 | 4.5% |
| Oshkosh | 11 | $347,600 | +3.9% | $1,200 | 6.0% |
| Chicago | 10 | $356,200 | +3.9% | $1,700 | 6.5% |
| Minneapolis | 24 | $366,200 | +5.3% | $1,600 | 4.7% |
| Janesville | 11 | $325,600 | +8.1% | $1,200 | 5.2% |
| Wisconsin Rapids | 11 | $256,600 | +10.0% | n/a | n/a |
| La Crosse | 10 | $340,300 | +8.4% | $1,300 | 4.6% |
| Wausau | 23 | $261,000 | +9.4% | $1,000 | 4.5% |
| Fond du Lac | 14 | $346,000 | +4.0% | n/a | n/a |
| Sheboygan | 13 | $373,900 | +5.2% | n/a | n/a |
| Stevens Point | 12 | $341,500 | +10.0% | n/a | n/a |
| Duluth | 11 | $291,600 | +5.6% | n/a | n/a |
| Menomonie | 11 | $305,400 | +3.8% | n/a | n/a |
| Manitowoc | 10 | $323,300 | +7.2% | n/a | n/a |
| Platteville | 16 | $240,600 | +8.8% | n/a | n/a |
| Baraboo | 14 | $329,600 | +6.7% | n/a | n/a |
| Beaver Dam | 13 | $339,300 | +7.0% | n/a | n/a |
| Shawano | 13 | $268,900 | +14.0% | n/a | n/a |
| Marinette | 12 | $206,700 | +6.6% | n/a | n/a |
| Whitewater | 11 | $400,200 | +3.7% | n/a | n/a |
| Watertown | 10 | $397,700 | +5.5% | n/a | n/a |
| Iron Mountain | 4 | $196,200 | +10.1% | n/a | n/a |
Home values by county
Of Wisconsin's 72 counties, Waukesha County has the highest typical home value, $529,000, and Iron County the lowest, $137,900. Among counties with at least five ZIP codes, Buffalo County has risen most over the year, up 12.3%, and Ashland County has moved least, down 1.3%.
Show all 72 counties
| County | ZIP codes | Home value | 12 months | Monthly rent | Gross yield |
|---|---|---|---|---|---|
| Waukesha County | 25 | $529,000 | +6.2% | $1,900 | 4.9% |
| Dane County | 34 | $480,900 | +3.0% | $1,700 | 4.4% |
| Door County | 10 | $462,600 | +4.4% | n/a | n/a |
| Ozaukee County | 8 | $450,900 | +5.9% | n/a | n/a |
| Washington County | 11 | $436,100 | +9.0% | n/a | n/a |
| Walworth County | 11 | $400,200 | +3.7% | n/a | n/a |
| Jefferson County | 10 | $397,700 | +5.5% | n/a | n/a |
| Vilas County | 11 | $392,100 | +6.4% | n/a | n/a |
| Brown County | 14 | $390,400 | +5.4% | $1,200 | 4.5% |
| Saint Croix County | 11 | $380,200 | +2.8% | n/a | n/a |
| Sheboygan County | 13 | $373,900 | +5.2% | n/a | n/a |
| Racine County | 12 | $361,200 | +4.5% | $1,500 | 5.9% |
| Columbia County | 10 | $358,000 | +6.1% | n/a | n/a |
| Portage County | 9 | $357,400 | +10.9% | n/a | n/a |
| Kenosha County | 10 | $356,200 | +3.9% | $1,700 | 6.5% |
| Green County | 5 | $351,700 | +7.1% | n/a | n/a |
| Oneida County | 7 | $350,500 | +6.1% | n/a | n/a |
| Outagamie County | 13 | $350,100 | +7.0% | $1,300 | 4.3% |
| La Crosse County | 8 | $347,700 | +7.2% | $1,300 | 4.6% |
| Winnebago County | 11 | $347,600 | +3.9% | $1,200 | 6.0% |
| Pierce County | 10 | $347,500 | +6.4% | n/a | n/a |
| Fond du Lac County | 14 | $346,000 | +4.0% | n/a | n/a |
| Dodge County | 13 | $339,300 | +7.0% | n/a | n/a |
| Sauk County | 11 | $337,800 | +6.7% | n/a | n/a |
| Iowa County | 7 | $336,600 | +5.5% | n/a | n/a |
| Eau Claire County | 7 | $335,700 | +2.4% | n/a | n/a |
| Polk County | 14 | $333,000 | +3.9% | n/a | n/a |
| Chippewa County | 8 | $329,600 | +5.8% | n/a | n/a |
| Rock County | 11 | $325,600 | +8.1% | $1,200 | 5.2% |
| Manitowoc County | 10 | $323,300 | +7.2% | n/a | n/a |
| Kewaunee County | 4 | $317,700 | +9.9% | n/a | n/a |
| Menominee County | 1 | $314,300 | +8.7% | n/a | n/a |
| Washburn County | 8 | $311,900 | +4.3% | n/a | n/a |
| Calumet County | 3 | $310,900 | +5.4% | n/a | n/a |
| Dunn County | 9 | $310,800 | +3.2% | n/a | n/a |
| Burnett County | 4 | $297,800 | +2.8% | n/a | n/a |
| Green Lake County | 5 | $296,300 | +9.5% | n/a | n/a |
| Oconto County | 12 | $293,600 | +7.8% | n/a | n/a |
| Waupaca County | 10 | $290,900 | +7.1% | n/a | n/a |
| Douglas County | 9 | $289,700 | +7.3% | n/a | n/a |
| Sawyer County | 5 | $287,700 | +5.3% | n/a | n/a |
| Milwaukee County | 35 | $286,100 | +3.7% | $1,400 | 6.1% |
| Pepin County | 4 | $284,200 | +11.4% | n/a | n/a |
| Barron County | 9 | $281,300 | +4.5% | n/a | n/a |
| Waushara County | 7 | $275,100 | +10.4% | n/a | n/a |
| Trempealeau County | 10 | $270,700 | +5.6% | n/a | n/a |
| Marquette County | 5 | $270,400 | +6.2% | n/a | n/a |
| Shawano County | 9 | $269,700 | +12.1% | n/a | n/a |
| Buffalo County | 5 | $268,800 | +12.3% | n/a | n/a |
| Bayfield County | 10 | $268,500 | +1.5% | n/a | n/a |
| Marathon County | 15 | $267,200 | +10.0% | $1,000 | 4.8% |
| Vernon County | 10 | $263,200 | +9.9% | n/a | n/a |
| Langlade County | 4 | $262,600 | +8.6% | n/a | n/a |
| Richland County | 5 | $259,300 | +10.8% | n/a | n/a |
| Wood County | 10 | $257,400 | +7.5% | n/a | n/a |
| Lincoln County | 5 | $257,100 | +7.9% | n/a | n/a |
| Crawford County | 6 | $256,600 | +7.8% | n/a | n/a |
| Juneau County | 7 | $254,000 | +8.0% | n/a | n/a |
| Lafayette County | 7 | $244,800 | +8.8% | n/a | n/a |
| Adams County | 7 | $244,700 | +4.0% | n/a | n/a |
| Grant County | 14 | $240,600 | +8.8% | n/a | n/a |
| Monroe County | 8 | $239,200 | +6.0% | n/a | n/a |
| Jackson County | 7 | $236,600 | +10.6% | n/a | n/a |
| Taylor County | 6 | $223,800 | +10.0% | n/a | n/a |
| Clark County | 14 | $223,700 | +9.3% | n/a | n/a |
| Price County | 5 | $218,200 | +11.2% | n/a | n/a |
| Florence County | 2 | $213,200 | +7.4% | n/a | n/a |
| Rusk County | 6 | $208,000 | +6.7% | n/a | n/a |
| Marinette County | 12 | $206,700 | +6.6% | n/a | n/a |
| Ashland County | 7 | $203,200 | −1.3% | n/a | n/a |
| Forest County | 7 | $192,700 | +9.5% | n/a | n/a |
| Iron County | 3 | $137,900 | +0.9% | n/a | n/a |
Where prices are rising fastest
The ten ZIP codes with the strongest change in home values over the past twelve months. Among the larger half of Wisconsin's ZIP codes by population, so that places with only a handful of sales a year do not crowd the list.
| ZIP code | Area | Home value | 12 months | 5 yrs, per year |
|---|---|---|---|---|
| 53206 | Milwaukee | $91,400 | +14.5% | +9.8% |
| 54406 | Amherst | $368,900 | +14.0% | +8.1% |
| 54634 | Hillsboro | $237,600 | +12.4% | +3.6% |
| 54771 | Thorp | $250,200 | +11.6% | +5.8% |
| 53581 | Muscoda | $262,500 | +11.3% | +8.1% |
| 54409 | Antigo | $185,200 | +10.4% | +6.7% |
| 54456 | Neillsville | $222,400 | +10.4% | +6.3% |
| 54114 | Crivitz | $235,600 | +10.3% | +8.8% |
| 54216 | Kewaunee | $292,400 | +10.1% | +6.8% |
| 54426 | Edgar | $267,200 | +10.0% | +6.5% |
Where prices are falling
Across Wisconsin, 17 ZIP codes are below where they were a year ago. These are the ten largest declines among the larger half by population.
| ZIP code | Area | Home value | 12 months | From its peak |
|---|---|---|---|---|
| 54806 | Ashland | $203,200 | −5.6% | −6.0% |
| 53703 | Madison | $431,500 | −5.6% | −10.3% |
| 53203 | Milwaukee | $380,600 | −4.4% | −4.8% |
| 53233 | Milwaukee | $191,600 | −3.0% | −3.1% |
| 53202 | Milwaukee | $363,100 | −2.0% | −2.4% |
| 53713 | Madison | $359,600 | −0.6% | −1.9% |
| 53235 | Saint Francis | $286,100 | −0.4% | −2.5% |
Best rental yields
Gross yield is a year's rent divided by the home value, before costs. These are the highest yields among the larger ZIP codes with rent data.
| ZIP code | Area | Home value | Monthly rent | Gross yield | Rent, 12 months |
|---|---|---|---|---|---|
| 53206 | Milwaukee | $91,400 | $1,000 | 13.3% | +4.1% |
| 53205 | Milwaukee | $160,000 | $1,500 | 11.4% | n/a |
| 53204 | Milwaukee | $164,300 | $1,500 | 10.8% | +6.4% |
| 53209 | Milwaukee | $166,600 | $1,400 | 10.3% | +4.3% |
| 53218 | Milwaukee | $168,800 | $1,400 | 9.9% | +7.0% |
| 53223 | Milwaukee | $233,200 | $1,700 | 8.7% | n/a |
| 53210 | Milwaukee | $169,400 | $1,200 | 8.6% | +8.0% |
| 53216 | Milwaukee | $176,600 | $1,300 | 8.5% | +4.6% |
| 53140 | Kenosha | $262,900 | $1,800 | 8.3% | +7.2% |
| 53403 | Racine | $221,300 | $1,500 | 8.1% | +1.4% |
Most affordable against local incomes
Home value divided by the median household income of the people who live in the ZIP code. A lower multiple means homes cost fewer years of local earnings. The state typical is 4.1×.
| ZIP code | Area | Home value | Median income | Price to income |
|---|---|---|---|---|
| 53813 | Lancaster | $226,500 | $84,000 | 2.7× |
| 54666 | Pittsville | $229,800 | $78,000 | 3.0× |
| 54479 | Spencer | $233,500 | $77,400 | 3.0× |
| 53206 | Milwaukee | $91,400 | $29,300 | 3.1× |
| 54806 | Ashland | $203,200 | $64,900 | 3.1× |
| 54143 | Marinette | $205,900 | $64,500 | 3.2× |
| 54874 | Solon Springs | $283,800 | $89,100 | 3.2× |
| 54474 | Rothschild | $261,000 | $81,600 | 3.2× |
| 53809 | Fennimore | $213,600 | $65,600 | 3.3× |
| 54411 | Athens | $253,000 | $77,200 | 3.3× |
Who is moving in
Household moves between the 2022 and 2023 tax years, measured county by county. Summed across its counties, Wisconsin gained 884 households on net, but the households that left took $160m more income than the arrivals brought. Of its 72 counties, 41 gained households. The tables show the largest gains and losses; the last column is how much more, or less, the average arriving household earned than the average household that left.
| County | Net households | Net income moved | Arrivals vs leavers, per household |
|---|---|---|---|
| Dane County | +2,560 | −$194m | −$11,904 |
| Waukesha County | +684 | −$18m | −$3,636 |
| Eau Claire County | +584 | −$0m | −$5,254 |
| Winnebago County | +368 | −$8m | −$3,087 |
| Brown County | +320 | +$82m | +$5,319 |
| Marinette County | +318 | +$28m | +$4,750 |
| Outagamie County | +296 | −$49m | −$6,082 |
| Sawyer County | +238 | +$42m | +$23,254 |
| County | Net households | Net income moved | Arrivals vs leavers, per household |
|---|---|---|---|
| Milwaukee County | −3,696 | −$812m | −$14,745 |
| Marathon County | −358 | −$46m | −$4,112 |
| Kenosha County | −314 | −$61m | −$4,728 |
| Sheboygan County | −294 | −$2m | +$3,574 |
| Trempealeau County | −220 | −$8m | +$2,663 |
What CITIZEN sees
CITIZEN grades every US ZIP code on one national scale, reading price and its direction, rent, local earnings, resident equity and where buyers and their money are arriving from. Grades are ranks: an A is the top 10% of the country, an F the bottom 10%. In Wisconsin, 50 of 679 ZIP codes grade A and 19 grade F. Which ones, and why, is in CITIZEN.
Questions
Are home prices going up or down in Wisconsin?
Up. Home values across Wisconsin are up 5.7% over the past twelve months, to a typical $312K, and 662 of its 679 ZIP codes are higher than a year ago.
What is the typical home value in Wisconsin?
$311,900 across Wisconsin's 679 ZIP codes, as of August 2026. Among its metro areas, the typical home ranges from $206,700 in Marinette to $431,500 in Madison.
What is the cheapest place to buy a house in Wisconsin?
Among Wisconsin's metro areas with at least eight ZIP codes, Marinette has the lowest typical home value, $206,700. Among the larger half of its ZIP codes, 53206 in Milwaukee is the cheapest, at $91,400.
Where are home prices rising fastest in Wisconsin?
53206 in Milwaukee (+14.5%), 54406 in Amherst (+14.0%) and 54634 in Hillsboro (+12.4%), over the past twelve months, among the larger half of its ZIP codes.
What is the typical rent in Wisconsin?
About $1,400 a month, across the 123 ZIP codes with rent data, up 4.8% over the past year.
Are people moving to Wisconsin?
Yes, on balance. Between the 2022 and 2023 tax years, Wisconsin gained 884 households on net from moves, summed across its counties.
Other states
Sources and method
- Source: CITIZEN, Lualdi Advisors' US housing market intelligence. Home values and rents through August 2026; household incomes 2020 to 2024; migration for tax years 2022 to 2023.
- State, metro and county figures are medians across their ZIP codes, not a separate index. The two-year chart is the median ZIP value for each month. Grades and scores are CITIZEN's own.
- ZIP code lists use the larger half of the state's ZIP codes by population.
- Updated monthly. Last updated 2026-10-14.
