Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$264,380+5.1% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$57,312About 0.8× the local median income ($71,188): affordable for a typical household
Days on market41 daysSlower than a year ago: buyers have time to negotiate
The typical home in Manitowoc County, WI is worth $264,380, up 5.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $205,359, so the area is 28.7% overvalued. It is a buyer's market: homes take about 41 days to sell, listings are up 22% from a year ago, 22% of listings have had a price cut. A household needs about $57,312 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 $71,188. Typical rent is $1,110 a month. In the latest IRS figures, 196 more people moved in than out.
Home value over time
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
$264,380
Change in 1 year
+5.1%
Overvalued %
+28.7%
Show 6 more
Fair home value
$205,359
Change in 5 years
+44.2%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,433
Income needed to afford it
$57,312
Property tax rate
1.44%
Rent and investing
Typical rent
$1,110
Price-to-rent ratio
19.9×
HUD Fair Market Rent, 2 bedrooms
$1,014
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Gross rental yield
5.04%
Cap rate (estimate)
3.27%
Market activity
Listings vs a year ago
+22.3%
Days on market
41
Listings with a price cut
22.2%
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Homes for sale
230
Pending sales per 100 listings
8
Asking price per sq ft
$181
People and jobs
Median household income
$71,188
Population change (1 year)
−0.2%
Unemployment rate
2.6%
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Population
81,710
Income adjusted for cost of living
$79,451
Net moves in (IRS)
+196
Cost of living (US = 100)
89.6
Schools, risk and environment
School rating (1 to 10)
4.8
FEMA hazard risk score (0 to 100)
68.9
Unhealthy air days a year
2
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Flood risk score
69.7
Wildfire risk score
19.2
Walkability (1 to 20)
6.5
Road, rail and air noise
53 dB
Questions people ask
Is Manitowoc County, WI overvalued?
Home prices in Manitowoc County, WI are well above what local incomes have historically supported: fair value is about $205,359, so the area is 28.7% overvalued.
Is Manitowoc County, WI a buyer's or seller's market?
Manitowoc County, WI is a buyer's market: homes take about 41 days to sell, listings are up 22% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Manitowoc County, WI?
Home values in Manitowoc County, WI are up 5.1% over the last year.
How much do you need to earn to buy a home in Manitowoc County, WI?
A household needs about $57,312 a year to afford the typical home in Manitowoc County, WI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,188.