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 | Kewaunee County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $120,830 | $176,921 | $242,182 |
| Price Trend (Annual %) | 19.9% | 5.3% | 8.2% |
| Median Gross Rent | $838 | $1,045 | $1,342 |
| Rent Trend (Annual %) | 4.7% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kewaunee County is about 32% lower than in Wisconsin. Rent is about 20% 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 Kewaunee County, up about 19.9% and 4.7% a year respectively. Home prices are changing faster.
Median rent in Kewaunee County rose about 39.2% between 2015 and 2023, from $602 to $838. Over the same span, rent in Wisconsin rose about 34.7%.
Affordability
On average, housing unit costs 1.5 yearly household incomes in Kewaunee County.
Buying the median-priced home in Kewaunee County costs roughly 12.0 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 Kewaunee County. The price-to-rent ratio in Wisconsin is about 14.1.
| Metric | Kewaunee County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $120,830 | $176,921 | $242,182 |
| Median Household Income | $79,948 | $75,766 | $78,145 |
| Price-to-Income Ratio | 1.5 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Kewaunee County fell about 19.6%, while median household income rose about 45.9% 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 | Kewaunee County | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.9% | 60.4% | 58.2% |
| Rental Rate | 13.1% | 28.6% | 31.3% |
| Vacancy Rate | 11.0% | 11.1% | 10.6% |
| Median Tenure (years) | 20.0 | 16.0 | 15.0 |
| Median Year Moved In | 2006 | 2010 | 2011 |
Kewaunee County has a homeownership rate of 75.9%, higher than the Wisconsin average of 60.4%. Its housing vacancy rate is 11.0%, compared with 11.1% in Wisconsin.
Housing Stock
| Metric | Kewaunee County | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.46 people | 2.35 people | 2.54 people |
| Median Structure Built Year | 1972 | 1973 | 1978 |
| Median Number of Rooms | 6.1 | 5.6 | 5.5 |
The typical housing unit in Kewaunee County was built around 1972. On average, 2.5 people live in a home with about 6.1 rooms, staying for about 20.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Kewaunee County, Wisconsin.
What is the median home price in Kewaunee County, Wisconsin?
The median home price in Kewaunee County, Wisconsin is $120,830, lower than the Wisconsin average of $176,921.
What is the average home price in Kewaunee 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 Kewaunee County, Wisconsin?
The median gross rent in Kewaunee County, Wisconsin is $838 per month, lower than the Wisconsin average of $1,045.
What was the median gross rent in Kewaunee County in 2020?
In 2020, the median gross rent in Kewaunee County, Wisconsin was $718 per month.
What is the price-to-rent ratio in Kewaunee County, Wisconsin?
The price-to-rent ratio in Kewaunee County, Wisconsin is about 12.0, meaning it would take roughly 12.0 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 Kewaunee County.
Are home prices or rent rising faster in Kewaunee County, Wisconsin?
Both home prices and rent are rising in Kewaunee County, up about 19.9% and 4.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Kewaunee County, Wisconsin?
75.9% of households in Kewaunee County, Wisconsin own their home, higher than the Wisconsin average of 60.4%.
What is the vacancy rate in Kewaunee County, Wisconsin?
The housing vacancy rate in Kewaunee County, Wisconsin is 11.0%, lower than the Wisconsin average of 11.1%.