Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$348,640+5.2% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 16% have cut their price
Income needed to buy, per year$75,578About 0.9× the local median income ($85,389): affordable for a typical household
Days on market39 daysAbout the same pace as a year ago
Next 12 months+5.0%Zillow expects prices to rise strongly
The typical home in Appleton, WI is worth $348,640, up 5.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $275,289, so the area is 26.6% overvalued. It is a balanced market, leaning toward buyers: homes take about 39 days to sell, listings are up 92% from a year ago, 16% of listings have had a price cut. Zillow expects prices to rise about 5.0% over the next year. A household needs about $75,578 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 $85,389. Typical rent is $1,197 a month, or $1,776 for a house. In the latest IRS figures, 626 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
$348,640
Change in 1 year
+5.2%
Overvalued %
+26.6%
Show 7 more
Fair home value
$275,289
Change in 5 years
+40.3%
Zillow forecast, next 12 months
+5.0%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$1,889
Income needed to afford it
$75,578
Property tax rate
1.38%
Rent and investing
Typical rent
$1,197
Typical rent for houses
$1,776
Price-to-rent ratio
24.3×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,256
Gross rental yield
4.12%
Cap rate (estimate)
2.68%
Market activity
Listings vs a year ago
+91.9%
Days on market
39
Listings with a price cut
16.2%
Show 3 more
Homes for sale
664
Pending sales per 100 listings
5
Asking price per sq ft
$206
People and jobs
Median household income
$85,389
Population change (1 year)
+0.5%
Unemployment rate
2.6%
Show 4 more
Population
249,876
Income adjusted for cost of living
$92,412
Net moves in (IRS)
+626
Cost of living (US = 100)
92.4
Schools, risk and environment
School rating (1 to 10)
6.5
FEMA hazard risk score (0 to 100)
69.0
Unhealthy air days a year
9
Show 4 more
Flood risk score
67.6
Wildfire risk score
23.1
Walkability (1 to 20)
7.2
Road, rail and air noise
54 dB
Questions people ask
Is Appleton, WI overvalued?
Home prices in Appleton, WI are well above what local incomes have historically supported: fair value is about $275,289, so the area is 26.6% overvalued.
Is Appleton, WI a buyer's or seller's market?
Appleton, WI is a balanced market, leaning toward buyers: homes take about 39 days to sell, listings are up 92% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Appleton, WI?
Home values in Appleton, WI are up 5.2% 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 Appleton, WI?
A household needs about $75,578 a year to afford the typical home in Appleton, WI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $85,389.