Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$324,230+5.3% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$70,286About 0.9× the local median income ($75,423): affordable for a typical household
Days on market40 daysAbout the same pace as a year ago
Next 12 months+4.6%Zillow expects prices to rise strongly
The typical home in Sheboygan, WI is worth $324,230, up 5.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $252,047, so the area is 28.6% overvalued. It is a balanced market, leaning toward buyers: homes take about 40 days to sell, listings are up 10% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 4.6% over the next year. A household needs about $70,286 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 $75,423. Typical rent is $1,344 a month, or $1,357 for a house. In the latest IRS figures, 9 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
$324,230
Change in 1 year
+5.3%
Overvalued %
+28.6%
Show 7 more
Fair home value
$252,047
Change in 5 years
+42.6%
Zillow forecast, next 12 months
+4.6%
Home value to income
4.3×
Monthly mortgage payment (20% down)
$1,757
Income needed to afford it
$70,286
Property tax rate
1.39%
Rent and investing
Typical rent
$1,344
Typical rent for houses
$1,357
Price-to-rent ratio
20.1×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,168
Gross rental yield
4.98%
Cap rate (estimate)
3.23%
Market activity
Listings vs a year ago
+10.1%
Days on market
40
Listings with a price cut
18.8%
Show 3 more
Homes for sale
294
Pending sales per 100 listings
14
Asking price per sq ft
$208
People and jobs
Median household income
$75,423
Population change (1 year)
−0.0%
Unemployment rate
2.7%
Show 4 more
Population
118,047
Income adjusted for cost of living
$80,237
Net moves in (IRS)
+9
Cost of living (US = 100)
94.0
Schools, risk and environment
School rating (1 to 10)
5.9
FEMA hazard risk score (0 to 100)
70.2
Unhealthy air days a year
13
Show 4 more
Flood risk score
71.8
Wildfire risk score
27.1
Walkability (1 to 20)
7.4
Road, rail and air noise
53 dB
Questions people ask
Is Sheboygan, WI overvalued?
Home prices in Sheboygan, WI are well above what local incomes have historically supported: fair value is about $252,047, so the area is 28.6% overvalued.
Is Sheboygan, WI a buyer's or seller's market?
Sheboygan, WI is a balanced market, leaning toward buyers: homes take about 40 days to sell, listings are up 10% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Sheboygan, WI?
Home values in Sheboygan, WI are up 5.3% over the last year. Zillow's forecast for the next 12 months is +4.6%.
How much do you need to earn to buy a home in Sheboygan, WI?
A household needs about $70,286 a year to afford the typical home in Sheboygan, WI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $75,423.