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Monroe 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$259,950+4.4% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 16% have cut their price
Income needed to buy, per year$56,352About 0.8× the local median income ($73,607): affordable for a typical household
Days on market53 daysAbout the same pace as a year ago

The typical home in Monroe County, WI is worth $259,950, up 4.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $227,031, so the area is 14.5% overvalued. It is a seller's market: homes take about 53 days to sell, listings are down 10% from a year ago, 16% of listings have had a price cut. A household needs about $56,352 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 $73,607. Typical rent is $1,187 a month. In the latest IRS figures, 27 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K$250K1990200020102020
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$259,950
Change in 1 year+4.4%
Overvalued %+14.5%
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Fair home value$227,031
Change in 5 years+29.7%
Home value to income3.5×
Monthly mortgage payment (20% down)$1,409
Income needed to afford it$56,352
Property tax rate1.35%

Rent and investing

Typical rent$1,187
Price-to-rent ratio18.3×
HUD Fair Market Rent, 2 bedrooms$1,039
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Gross rental yield5.48%
Cap rate (estimate)3.56%

Market activity

Listings vs a year ago−10.5%
Days on market53
Listings with a price cut15.9%
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Homes for sale102
Pending sales per 100 listings46
Asking price per sq ft$163

People and jobs

Median household income$73,607
Population change (1 year)+0.1%
Unemployment rate3.2%
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Population46,572
Income adjusted for cost of living$82,151
Net moves in (IRS)+27
Cost of living (US = 100)89.6

Schools, risk and environment

School rating (1 to 10)4.2
FEMA hazard risk score (0 to 100)78.8
Unhealthy air days a year11
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Flood risk score78.4
Wildfire risk score33.3
Walkability (1 to 20)6.4
Road, rail and air noise54 dB

Questions people ask

Is Monroe County, WI overvalued?
Home prices in Monroe County, WI are well above what local incomes have historically supported: fair value is about $227,031, so the area is 14.5% overvalued.
Is Monroe County, WI a buyer's or seller's market?
Monroe County, WI is a seller's market: homes take about 53 days to sell, listings are down 10% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Monroe County, WI?
Home values in Monroe County, WI are up 4.4% over the last year.
How much do you need to earn to buy a home in Monroe County, WI?
A household needs about $56,352 a year to afford the typical home in Monroe County, WI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,607.

Nearby and similar counties

ZIP codes in Monroe County (open on the map)

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