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Vilas County, WI housing market

Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$408,356+7.8% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$88,523About 1.3× the local median income ($68,564): a stretch for a typical household
Days on market71 daysAbout the same pace as a year ago

The typical home in Vilas County, WI is worth $408,356, up 7.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $401,244, so the area is 1.8% overvalued. It is a balanced market, leaning toward sellers: homes take about 71 days to sell, listings are up 18% from a year ago, 18% of listings have had a price cut. A household needs about $88,523 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 $68,564. Typical rent is $1,075 a month. In the latest IRS figures, 243 more people moved in than out.

Home value over time

$0K$100K$200K$300K$400K1990200020102020
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$408,356
Change in 1 year+7.8%
Overvalued %+1.8%
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Fair home value$401,244
Change in 5 years+28.3%
Home value to income6.0×
Monthly mortgage payment (20% down)$2,213
Income needed to afford it$88,523
Property tax rate0.73%

Rent and investing

Typical rent$1,075
Price-to-rent ratio31.7×
HUD Fair Market Rent, 2 bedrooms$1,022
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Gross rental yield3.16%
Cap rate (estimate)2.05%

Market activity

Listings vs a year ago+17.8%
Days on market71
Listings with a price cut17.9%
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Homes for sale199
Pending sales per 100 listings43
Asking price per sq ft$281

People and jobs

Median household income$68,564
Population change (1 year)+0.0%
Unemployment rate4.0%
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Population23,761
Income adjusted for cost of living$76,522
Net moves in (IRS)+243
Cost of living (US = 100)89.6

Schools, risk and environment

School rating (1 to 10)4.9
FEMA hazard risk score (0 to 100)63.3
Unhealthy air days a year2
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Flood risk score60.9
Wildfire risk score22.1
Walkability (1 to 20)6.7
Road, rail and air noise53 dB

Questions people ask

Is Vilas County, WI overvalued?
Home prices in Vilas County, WI are slightly above what local incomes have historically supported: fair value is about $401,244, so the area is 1.8% overvalued.
Is Vilas County, WI a buyer's or seller's market?
Vilas County, WI is a balanced market, leaning toward sellers: homes take about 71 days to sell, listings are up 18% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Vilas County, WI?
Home values in Vilas County, WI are up 7.8% over the last year.
How much do you need to earn to buy a home in Vilas County, WI?
A household needs about $88,523 a year to afford the typical home in Vilas County, WI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,564.

Nearby and similar counties

ZIP codes in Vilas County (open on the map)

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