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 | St. Croix County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $214,273 | $176,921 | $242,182 |
| Price Trend (Annual %) | 21.8% | 5.3% | 8.2% |
| Median Gross Rent | $1,237 | $1,045 | $1,342 |
| Rent Trend (Annual %) | 4.4% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in St. Croix County is about 21% higher than in Wisconsin. Rent is about 18% higher 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 St. Croix County, up about 21.8% and 4.4% a year respectively. Home prices are changing faster.
Median rent in St. Croix County rose about 40.3% between 2015 and 2023, from $882 to $1,237. Over the same span, rent in Wisconsin rose about 34.7%.
Affordability
On average, housing unit costs 2.1 yearly household incomes in St. Croix County.
Buying the median-priced home in St. Croix County costs roughly 14.4 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 St. Croix County. The price-to-rent ratio in Wisconsin is about 14.1.
| Metric | St. Croix County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $214,273 | $176,921 | $242,182 |
| Median Household Income | $102,703 | $75,766 | $78,145 |
| Price-to-Income Ratio | 2.1 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in St. Croix County rose about 26.1%, while median household income rose about 51.3% 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 | St. Croix County | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.9% | 60.4% | 58.2% |
| Rental Rate | 20.3% | 28.6% | 31.3% |
| Vacancy Rate | 3.8% | 11.1% | 10.6% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
St. Croix County has a homeownership rate of 75.9%, higher than the Wisconsin average of 60.4%. Its housing vacancy rate is 3.8%, compared with 11.1% in Wisconsin.
Housing Stock
| Metric | St. Croix County | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.56 people | 2.35 people | 2.54 people |
| Median Structure Built Year | 1986 | 1973 | 1978 |
| Median Number of Rooms | 6.5 | 5.6 | 5.5 |
The typical housing unit in St. Croix County was built around 1986. On average, 2.6 people live in a home with about 6.5 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in St. Croix County, Wisconsin.
What is the median home price in St. Croix County, Wisconsin?
The median home price in St. Croix County, Wisconsin is $214,273, higher than the Wisconsin average of $176,921.
What is the average home price in St. Croix 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 St. Croix County, Wisconsin?
The median gross rent in St. Croix County, Wisconsin is $1,237 per month, higher than the Wisconsin average of $1,045.
What was the median gross rent in St. Croix County in 2020?
In 2020, the median gross rent in St. Croix County, Wisconsin was $1,036 per month.
What is the price-to-rent ratio in St. Croix County, Wisconsin?
The price-to-rent ratio in St. Croix County, Wisconsin is about 14.4, meaning it would take roughly 14.4 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 St. Croix County.
Are home prices or rent rising faster in St. Croix County, Wisconsin?
Both home prices and rent are rising in St. Croix County, up about 21.8% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in St. Croix County, Wisconsin?
75.9% of households in St. Croix County, Wisconsin own their home, higher than the Wisconsin average of 60.4%.
What is the vacancy rate in St. Croix County, Wisconsin?
The housing vacancy rate in St. Croix County, Wisconsin is 3.8%, lower than the Wisconsin average of 11.1%.