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 | Door County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $175,305 | $176,921 | $242,182 |
| Price Trend (Annual %) | 5.8% | 5.3% | 8.2% |
| Median Gross Rent | $994 | $1,045 | $1,342 |
| Rent Trend (Annual %) | 4.8% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Door County is about 1% lower than in Wisconsin. Rent is about 5% 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 Door County, up about 5.8% and 4.8% a year respectively. Home prices are changing faster.
Median rent in Door County rose about 43.8% between 2015 and 2023, from $691 to $994. Over the same span, rent in Wisconsin rose about 34.7%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Door County.
Buying the median-priced home in Door County costs roughly 14.7 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 Door County. The price-to-rent ratio in Wisconsin is about 14.1.
| Metric | Door County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $175,305 | $176,921 | $242,182 |
| Median Household Income | $71,654 | $75,766 | $78,145 |
| Price-to-Income Ratio | 2.4 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Door County rose about 33.3%, while median household income rose about 54.5% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Door County | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 47.5% | 60.4% | 58.2% |
| Rental Rate | 12.4% | 28.6% | 31.3% |
| Vacancy Rate | 40.1% | 11.1% | 10.6% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Door County has a homeownership rate of 47.5%, lower than the Wisconsin average of 60.4%. Its housing vacancy rate is 40.1%, compared with 11.1% in Wisconsin.
Housing Stock
| Metric | Door County | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.08 people | 2.35 people | 2.54 people |
| Median Structure Built Year | 1979 | 1973 | 1978 |
| Median Number of Rooms | 5.4 | 5.6 | 5.5 |
The typical housing unit in Door County was built around 1979. On average, 2.1 people live in a home with about 5.4 rooms, staying for about 18.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Door County, Wisconsin.
What is the median home price in Door County, Wisconsin?
The median home price in Door County, Wisconsin is $175,305, lower than the Wisconsin average of $176,921.
What is the average home price in Door 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 Door County, Wisconsin?
The median gross rent in Door County, Wisconsin is $994 per month, lower than the Wisconsin average of $1,045.
What was the median gross rent in Door County in 2020?
In 2020, the median gross rent in Door County, Wisconsin was $806 per month.
What is the price-to-rent ratio in Door County, Wisconsin?
The price-to-rent ratio in Door County, Wisconsin is about 14.7, meaning it would take roughly 14.7 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 Door County.
Are home prices or rent rising faster in Door County, Wisconsin?
Both home prices and rent are rising in Door County, up about 5.8% and 4.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Door County, Wisconsin?
47.5% of households in Door County, Wisconsin own their home, lower than the Wisconsin average of 60.4%.
What is the vacancy rate in Door County, Wisconsin?
The housing vacancy rate in Door County, Wisconsin is 40.1%, higher than the Wisconsin average of 11.1%.