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 | Sheboygan County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $239,633 | $176,921 | $242,182 |
| Price Trend (Annual %) | 9.9% | 5.3% | 8.2% |
| Median Gross Rent | $888 | $1,045 | $1,342 |
| Rent Trend (Annual %) | 4.3% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Sheboygan County is about 35% higher than in Wisconsin. Rent is about 15% 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 Sheboygan County, up about 9.9% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Sheboygan County rose about 35.0% between 2015 and 2023, from $658 to $888. Over the same span, rent in Wisconsin rose about 34.7%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Sheboygan County.
Buying the median-priced home in Sheboygan County costs roughly 22.5 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Sheboygan County. The price-to-rent ratio in Wisconsin is about 14.1.
| Metric | Sheboygan County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $239,633 | $176,921 | $242,182 |
| Median Household Income | $72,641 | $75,766 | $78,145 |
| Price-to-Income Ratio | 3.3 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Sheboygan County rose about 73.0%, while median household income rose about 36.5% between 2009 and 2023 — 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 | Sheboygan County | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.0% | 60.4% | 58.2% |
| Rental Rate | 27.0% | 28.6% | 31.3% |
| Vacancy Rate | 5.9% | 11.1% | 10.6% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Sheboygan County has a homeownership rate of 67.0%, higher than the Wisconsin average of 60.4%. Its housing vacancy rate is 5.9%, compared with 11.1% in Wisconsin.
Housing Stock
| Metric | Sheboygan County | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.32 people | 2.35 people | 2.54 people |
| Median Structure Built Year | 1968 | 1973 | 1978 |
| Median Number of Rooms | 5.9 | 5.6 | 5.5 |
The typical housing unit in Sheboygan County was built around 1968. On average, 2.3 people live in a home with about 5.9 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Sheboygan County, Wisconsin.
What is the median home price in Sheboygan County, Wisconsin?
The median home price in Sheboygan County, Wisconsin is $239,633, higher than the Wisconsin average of $176,921.
What is the average home price in Sheboygan 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 Sheboygan County, Wisconsin?
The median gross rent in Sheboygan County, Wisconsin is $888 per month, lower than the Wisconsin average of $1,045.
What was the median gross rent in Sheboygan County in 2020?
In 2020, the median gross rent in Sheboygan County, Wisconsin was $743 per month.
What is the price-to-rent ratio in Sheboygan County, Wisconsin?
The price-to-rent ratio in Sheboygan County, Wisconsin is about 22.5, meaning it would take roughly 22.5 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Sheboygan County.
Are home prices or rent rising faster in Sheboygan County, Wisconsin?
Both home prices and rent are rising in Sheboygan County, up about 9.9% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Sheboygan County, Wisconsin?
67.0% of households in Sheboygan County, Wisconsin own their home, higher than the Wisconsin average of 60.4%.
What is the vacancy rate in Sheboygan County, Wisconsin?
The housing vacancy rate in Sheboygan County, Wisconsin is 5.9%, lower than the Wisconsin average of 11.1%.