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 | La Crosse County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $156,517 | $176,921 | $242,182 |
| Price Trend (Annual %) | 1.3% | 5.3% | 8.2% |
| Median Gross Rent | $1,023 | $1,045 | $1,342 |
| Rent Trend (Annual %) | 4.4% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in La Crosse County is about 12% lower than in Wisconsin. Rent is about 2% 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 La Crosse County, up about 1.3% and 4.4% a year respectively. Rent is changing faster.
Median rent in La Crosse County rose about 37.1% between 2015 and 2023, from $747 to $1,023. Over the same span, rent in Wisconsin rose about 34.7%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in La Crosse County.
Buying the median-priced home in La Crosse County costs roughly 12.7 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 La Crosse County. The price-to-rent ratio in Wisconsin is about 14.1.
| Metric | La Crosse County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $156,517 | $176,921 | $242,182 |
| Median Household Income | $70,575 | $75,766 | $78,145 |
| Price-to-Income Ratio | 2.2 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in La Crosse County rose about 4.2%, 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 | La Crosse County | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.3% | 60.4% | 58.2% |
| Rental Rate | 35.6% | 28.6% | 31.3% |
| Vacancy Rate | 5.1% | 11.1% | 10.6% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
La Crosse County has a homeownership rate of 59.3%, lower than the Wisconsin average of 60.4%. Its housing vacancy rate is 5.1%, compared with 11.1% in Wisconsin.
Housing Stock
| Metric | La Crosse County | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.29 people | 2.35 people | 2.54 people |
| Median Structure Built Year | 1975 | 1973 | 1978 |
| Median Number of Rooms | 5.6 | 5.6 | 5.5 |
The typical housing unit in La Crosse County was built around 1975. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in La Crosse County, Wisconsin.
What is the median home price in La Crosse County, Wisconsin?
The median home price in La Crosse County, Wisconsin is $156,517, lower than the Wisconsin average of $176,921.
What is the average home price in La Crosse 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 La Crosse County, Wisconsin?
The median gross rent in La Crosse County, Wisconsin is $1,023 per month, lower than the Wisconsin average of $1,045.
What was the median gross rent in La Crosse County in 2020?
In 2020, the median gross rent in La Crosse County, Wisconsin was $853 per month.
What is the price-to-rent ratio in La Crosse County, Wisconsin?
The price-to-rent ratio in La Crosse County, Wisconsin is about 12.7, meaning it would take roughly 12.7 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 La Crosse County.
Are home prices or rent rising faster in La Crosse County, Wisconsin?
Both home prices and rent are rising in La Crosse County, up about 1.3% and 4.4% a year respectively. Rent is changing faster.
What is the homeownership rate in La Crosse County, Wisconsin?
59.3% of households in La Crosse County, Wisconsin own their home, lower than the Wisconsin average of 60.4%.
What is the vacancy rate in La Crosse County, Wisconsin?
The housing vacancy rate in La Crosse County, Wisconsin is 5.1%, lower than the Wisconsin average of 11.1%.