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Calumet County, WI housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$377,545+5.4% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$81,844About 0.9× the local median income ($94,597): affordable for a typical household
Days on market45 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+5.0%Zillow expects prices to rise strongly

The typical home in Calumet County, WI is worth $377,545, up 5.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $303,772, so the area is 24.3% overvalued. It is a balanced market, leaning toward buyers: homes take about 45 days to sell, listings are up 77% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 5.0% over the next year. A household needs about $81,844 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $94,597. Typical rent is $962 a month, or $1,427 for a house. In the latest IRS figures, 179 more people moved in than out.

Home value over time

$0K$100K$200K$300K1990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$377,545
Change in 1 year+5.4%
Overvalued %+24.3%
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Fair home value$303,772
Change in 5 years+39.3%
Zillow forecast, next 12 months+5.0%
Home value to income4.0×
Monthly mortgage payment (20% down)$2,046
Income needed to afford it$81,844
Property tax rate1.41%

Rent and investing

Typical rent$962
Typical rent for houses$1,427
Price-to-rent ratio32.7×
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HUD Fair Market Rent, 2 bedrooms$1,256
Gross rental yield3.06%
Cap rate (estimate)1.99%

Market activity

Listings vs a year ago+77.1%
Days on market45
Listings with a price cut17.6%
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Homes for sale186
Pending sales per 100 listings4
Asking price per sq ft$220

People and jobs

Median household income$94,597
Population change (1 year)+0.4%
Unemployment rate2.1%
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Population53,982
Income adjusted for cost of living$102,378
Net moves in (IRS)+179
Cost of living (US = 100)92.4

Schools, risk and environment

School rating (1 to 10)6.6
FEMA hazard risk score (0 to 100)30.2
Flood risk score33.1
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Wildfire risk score10.1
Walkability (1 to 20)6.6
Road, rail and air noise54 dB

Questions people ask

Is Calumet County, WI overvalued?
Home prices in Calumet County, WI are well above what local incomes have historically supported: fair value is about $303,772, so the area is 24.3% overvalued.
Is Calumet County, WI a buyer's or seller's market?
Calumet County, WI is a balanced market, leaning toward buyers: homes take about 45 days to sell, listings are up 77% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Calumet County, WI?
Home values in Calumet County, WI are up 5.4% over the last year. Zillow's forecast for the next 12 months is +5.0%.
How much do you need to earn to buy a home in Calumet County, WI?
A household needs about $81,844 a year to afford the typical home in Calumet County, WI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $94,597.

Nearby and similar counties

ZIP codes in Calumet County (open on the map)

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