Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Dodge County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $139,838 | $176,921 | $242,182 |
| Price Trend (Annual %) | 4.5% | 5.3% | 8.2% |
| Median Gross Rent | $963 | $1,045 | $1,342 |
| Rent Trend (Annual %) | 3.3% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dodge County is about 21% lower than in Wisconsin. Rent is about 8% lower than the Wisconsin average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Dodge County, up about 4.5% and 3.3% a year respectively. Home prices are changing faster.
Median rent in Dodge County rose about 26.5% between 2015 and 2023, from $761 to $963. Over the same span, rent in Wisconsin rose about 34.7%.
Affordability
On average, housing unit costs 1.9 yearly household incomes in Dodge County.
Buying the median-priced home in Dodge County costs roughly 12.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Dodge County. The price-to-rent ratio in Wisconsin is about 14.1.
| Metric | Dodge County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $139,838 | $176,921 | $242,182 |
| Median Household Income | $73,914 | $75,766 | $78,145 |
| Price-to-Income Ratio | 1.9 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Dodge County rose about 47.5%, while median household income rose about 38.9% between 2009 and 2023 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Dodge County | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.5% | 60.4% | 58.2% |
| Rental Rate | 26.8% | 28.6% | 31.3% |
| Vacancy Rate | 6.7% | 11.1% | 10.6% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Dodge County has a homeownership rate of 66.5%, higher than the Wisconsin average of 60.4%. Its housing vacancy rate is 6.7%, compared with 11.1% in Wisconsin.
Housing Stock
| Metric | Dodge County | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.36 people | 2.35 people | 2.54 people |
| Median Structure Built Year | 1970 | 1973 | 1978 |
| Median Number of Rooms | 5.9 | 5.6 | 5.5 |
The typical housing unit in Dodge County was built around 1970. On average, 2.4 people live in a home with about 5.9 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Dodge County, Wisconsin.
What is the median home price in Dodge County, Wisconsin?
The median home price in Dodge County, Wisconsin is $139,838, lower than the Wisconsin average of $176,921.
What is the average home price in Dodge County, Wisconsin?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Dodge County, Wisconsin?
The median gross rent in Dodge County, Wisconsin is $963 per month, lower than the Wisconsin average of $1,045.
What was the median gross rent in Dodge County in 2020?
In 2020, the median gross rent in Dodge County, Wisconsin was $830 per month.
What is the price-to-rent ratio in Dodge County, Wisconsin?
The price-to-rent ratio in Dodge County, Wisconsin is about 12.1, meaning it would take roughly 12.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Dodge County.
Are home prices or rent rising faster in Dodge County, Wisconsin?
Both home prices and rent are rising in Dodge County, up about 4.5% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Dodge County, Wisconsin?
66.5% of households in Dodge County, Wisconsin own their home, higher than the Wisconsin average of 60.4%.
What is the vacancy rate in Dodge County, Wisconsin?
The housing vacancy rate in Dodge County, Wisconsin is 6.7%, lower than the Wisconsin average of 11.1%.