Howard, Wisconsin Housing Market Prices
Howard Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 47% above the Wisconsin median$250,122
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Median rent 1% above the Wisconsin median$1,101
Housing Market Overview
| Metric | Howard | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $250,122 | $170,479 | $248,835 |
| Price Trend (Annual %) | 2.1% | 4.2% | 7.5% |
| Median Gross Rent | $1,101 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Howard is about 47% higher than in Wisconsin. Rent is about 1% higher than the Wisconsin average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Howard, up about 2.1% and 4.7% a year respectively. Rent is changing faster.
Median rent in Howard rose about 45.6% between 2015 and 2024, from $757 to $1,101. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Howard.
Buying the median-priced home in Howard costs roughly 18.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Howard. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | Howard | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $250,122 | $170,479 | $248,835 |
| Median Household Income | $85,926 | $77,698 | $80,455 |
| Price-to-Income Ratio | 2.9 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Howard rose about 57.8%, while median household income rose about 37.8% between 2009 and 2025 — 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 | Howard | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.9% | 60.5% | 58.5% |
| Rental Rate | 34.8% | 28.7% | 31.2% |
| Vacancy Rate | 3.3% | 10.8% | 10.2% |
| Median Tenure (years) | 12.0 | 16.0 | 15.0 |
| Median Year Moved In | 2014 | 2010 | 2011 |
Howard has a homeownership rate of 61.9%, higher than the Wisconsin average of 60.5%. Its housing vacancy rate is 3.3%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | Howard | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.36 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1997 | 1974 | 1978 |
| Median Number of Rooms | 5.4 | 5.6 | 5.5 |
The typical housing unit in Howard was built around 1997. On average, 2.4 people live in a home with about 5.4 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Howard, Wisconsin.
What is the median home price in Howard, Wisconsin?
The median home price in Howard, Wisconsin is $250,122, higher than the Wisconsin average of $170,479.
What is the average home price in Howard, Wisconsin?
The typical home price in Howard, Wisconsin, reported as the median sale price, is $250,122. 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 Howard, Wisconsin?
The median gross rent in Howard, Wisconsin is $1,101 per month, higher than the Wisconsin average of $1,087.
What was the median gross rent in Howard in 2020?
In 2020, the median gross rent in Howard, Wisconsin was $855 per month.
What is the price-to-rent ratio in Howard, Wisconsin?
The price-to-rent ratio in Howard, Wisconsin is about 18.9, meaning it would take roughly 18.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Howard.
Are home prices or rent rising faster in Howard, Wisconsin?
Both home prices and rent are rising in Howard, up about 2.1% and 4.7% a year respectively. Rent is changing faster.
What is the homeownership rate in Howard, Wisconsin?
61.9% of households in Howard, Wisconsin own their home, higher than the Wisconsin average of 60.5%.
What is the vacancy rate in Howard, Wisconsin?
The housing vacancy rate in Howard, Wisconsin is 3.3%, lower than the Wisconsin average of 10.8%.
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