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Forest 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$224,632+10.4% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 12% have cut their price
Income needed to buy, per year$48,696About 0.8× the local median income ($62,251): affordable for a typical household
Days on market102 daysSlower than a year ago: buyers have time to negotiate

The typical home in Forest County, WI is worth $224,632, up 10.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $204,508, so the area is 9.8% overvalued. It is a seller's market: homes take about 102 days to sell, listings are down 12% from a year ago, 12% of listings have had a price cut. A household needs about $48,696 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 $62,251. In the latest IRS figures, 29 more people moved out than in.

Home value over time

$0K$50K$100K$150K$200K200020052010201520202025
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$224,632
Change in 1 year+10.4%
Overvalued %+9.8%
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Fair home value$204,508
Change in 5 years+30.5%
Home value to income3.6×
Monthly mortgage payment (20% down)$1,217
Income needed to afford it$48,696
Property tax rate1.07%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,014

Market activity

Listings vs a year ago−11.8%
Days on market102
Listings with a price cut11.9%
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Homes for sale45
Pending sales per 100 listings29
Asking price per sq ft$281

People and jobs

Median household income$62,251
Population change (1 year)+0.6%
Unemployment rate2.9%
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Population9,574
Income adjusted for cost of living$69,477
Net moves in (IRS)−29
Cost of living (US = 100)89.6

Schools, risk and environment

School rating (1 to 10)3.8
FEMA hazard risk score (0 to 100)47.4
Unhealthy air days a year14
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Flood risk score20.7
Wildfire risk score13.4
Walkability (1 to 20)5.9
Road, rail and air noise53 dB

Questions people ask

Is Forest County, WI overvalued?
Home prices in Forest County, WI are slightly above what local incomes have historically supported: fair value is about $204,508, so the area is 9.8% overvalued.
Is Forest County, WI a buyer's or seller's market?
Forest County, WI is a seller's market: homes take about 102 days to sell, listings are down 12% from a year ago, 12% of listings have had a price cut.
Are home prices going down in Forest County, WI?
Home values in Forest County, WI are up 10.4% over the last year.
How much do you need to earn to buy a home in Forest County, WI?
A household needs about $48,696 a year to afford the typical home in Forest County, WI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,251.

Nearby and similar counties

ZIP codes in Forest County (open on the map)

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