Sheboygan, Wisconsin Housing Market Prices
Sheboygan 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 26% below the Wisconsin median$126,350
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Median rent 15% below the Wisconsin median$927
Housing Market Overview
| Metric | Sheboygan | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $126,350 | $170,479 | $248,835 |
| Price Trend (Annual %) | 13.2% | 4.2% | 7.5% |
| Median Gross Rent | $927 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 4.9% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Sheboygan is about 26% lower than in Wisconsin. Rent is about 15% lower 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 Sheboygan, up about 13.2% and 4.9% a year respectively. Home prices are changing faster.
Median rent in Sheboygan rose about 48.2% between 2015 and 2024, from $626 to $927. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in Sheboygan.
Buying the median-priced home in Sheboygan costs roughly 11.4 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 Sheboygan. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | Sheboygan | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $126,350 | $170,479 | $248,835 |
| Median Household Income | $63,328 | $77,698 | $80,455 |
| Price-to-Income Ratio | 2.0 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Sheboygan rose about 36.0%, while median household income rose about 42.9% between 2009 and 2025 — 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 | Sheboygan | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.0% | 60.5% | 58.5% |
| Rental Rate | 37.7% | 28.7% | 31.2% |
| Vacancy Rate | 6.3% | 10.8% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
Sheboygan has a homeownership rate of 56.0%, lower than the Wisconsin average of 60.5%. Its housing vacancy rate is 6.3%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | Sheboygan | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1958 | 1974 | 1978 |
| Median Number of Rooms | 5.3 | 5.6 | 5.5 |
The typical housing unit in Sheboygan was built around 1958. On average, 2.3 people live in a home with about 5.3 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Sheboygan, Wisconsin.
What is the median home price in Sheboygan, Wisconsin?
The median home price in Sheboygan, Wisconsin is $126,350, lower than the Wisconsin average of $170,479.
What is the average home price in Sheboygan, Wisconsin?
The typical home price in Sheboygan, Wisconsin, reported as the median sale price, is $126,350. 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 Sheboygan, Wisconsin?
The median gross rent in Sheboygan, Wisconsin is $927 per month, lower than the Wisconsin average of $1,087.
What was the median gross rent in Sheboygan in 2020?
In 2020, the median gross rent in Sheboygan, Wisconsin was $705 per month.
What is the price-to-rent ratio in Sheboygan, Wisconsin?
The price-to-rent ratio in Sheboygan, Wisconsin is about 11.4, meaning it would take roughly 11.4 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 Sheboygan.
Are home prices or rent rising faster in Sheboygan, Wisconsin?
Both home prices and rent are rising in Sheboygan, up about 13.2% and 4.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Sheboygan, Wisconsin?
56.0% of households in Sheboygan, Wisconsin own their home, lower than the Wisconsin average of 60.5%.
What is the vacancy rate in Sheboygan, Wisconsin?
The housing vacancy rate in Sheboygan, Wisconsin is 6.3%, lower than the Wisconsin average of 10.8%.
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