Stevens Point, Wisconsin Housing Market Prices
Stevens Point 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 140% above the Wisconsin median$409,158
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Median rent 19% below the Wisconsin median$880
Housing Market Overview
| Metric | Stevens Point | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $409,158 | $170,479 | $248,835 |
| Price Trend (Annual %) | 21.9% | 4.2% | 7.5% |
| Median Gross Rent | $880 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Stevens Point is about 140% higher than in Wisconsin. Rent is about 19% 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 Stevens Point, up about 21.9% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Stevens Point rose about 35.2% between 2015 and 2024, from $651 to $880. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 6.8 yearly household incomes in Stevens Point.
Buying the median-priced home in Stevens Point costs roughly 38.7 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 Stevens Point. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | Stevens Point | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $409,158 | $170,479 | $248,835 |
| Median Household Income | $60,519 | $77,698 | $80,455 |
| Price-to-Income Ratio | 6.8 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Stevens Point rose about 253.0%, while median household income rose about 44.8% between 2009 and 2025 — 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 | Stevens Point | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.3% | 60.5% | 58.5% |
| Rental Rate | 42.3% | 28.7% | 31.2% |
| Vacancy Rate | 7.4% | 10.8% | 10.2% |
| Median Tenure (years) | 11.0 | 16.0 | 15.0 |
| Median Year Moved In | 2015 | 2010 | 2011 |
Stevens Point has a homeownership rate of 50.3%, lower than the Wisconsin average of 60.5%. Its housing vacancy rate is 7.4%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | Stevens Point | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.18 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1967 | 1974 | 1978 |
| Median Number of Rooms | 5.4 | 5.6 | 5.5 |
The typical housing unit in Stevens Point was built around 1967. On average, 2.2 people live in a home with about 5.4 rooms, staying for about 11.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Stevens Point, Wisconsin.
What is the median home price in Stevens Point, Wisconsin?
The median home price in Stevens Point, Wisconsin is $409,158, higher than the Wisconsin average of $170,479.
What is the average home price in Stevens Point, Wisconsin?
The typical home price in Stevens Point, Wisconsin, reported as the median sale price, is $409,158. 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 Stevens Point, Wisconsin?
The median gross rent in Stevens Point, Wisconsin is $880 per month, lower than the Wisconsin average of $1,087.
What was the median gross rent in Stevens Point in 2020?
In 2020, the median gross rent in Stevens Point, Wisconsin was $756 per month.
What is the price-to-rent ratio in Stevens Point, Wisconsin?
The price-to-rent ratio in Stevens Point, Wisconsin is about 38.7, meaning it would take roughly 38.7 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 Stevens Point.
Are home prices or rent rising faster in Stevens Point, Wisconsin?
Both home prices and rent are rising in Stevens Point, up about 21.9% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Stevens Point, Wisconsin?
50.3% of households in Stevens Point, Wisconsin own their home, lower than the Wisconsin average of 60.5%.
What is the vacancy rate in Stevens Point, Wisconsin?
The housing vacancy rate in Stevens Point, Wisconsin is 7.4%, lower than the Wisconsin average of 10.8%.
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