Washburn County, Wisconsin Housing Market Prices
Washburn County 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 24% below the Wisconsin median$129,167
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Median rent 27% below the Wisconsin median Cheaper than 79% of counties in Wisconsin$794
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Washburn County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $129,167 | $170,479 | $248,835 |
| Price Trend (Annual %) | 7.3% | 4.2% | 7.5% |
| Median Gross Rent | $794 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 2.4% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Washburn County is about 24% lower than in Wisconsin. Rent is about 27% 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 Washburn County, up about 7.3% and 2.4% a year respectively. Home prices are changing faster.
Median rent in Washburn County rose about 21.5% between 2015 and 2024, from $654 to $794. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in Washburn County.
Buying the median-priced home in Washburn County costs roughly 13.6 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 Washburn County. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | Washburn County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $129,167 | $170,479 | $248,835 |
| Median Household Income | $63,863 | $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 Washburn County fell about 7.1%, while median household income rose about 44.3% 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 | Washburn County | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 48.4% | 60.5% | 58.5% |
| Rental Rate | 10.5% | 28.7% | 31.2% |
| Vacancy Rate | 41.1% | 10.8% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Washburn County has a homeownership rate of 48.4%, lower than the Wisconsin average of 60.5%. Its housing vacancy rate is 41.1%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | Washburn County | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.20 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1983 | 1974 | 1978 |
| Median Number of Rooms | 5.4 | 5.6 | 5.5 |
The typical housing unit in Washburn County was built around 1983. On average, 2.2 people live in a home with about 5.4 rooms, staying for about 17.0 years on average.
Washburn County, WI Housing Compared With Nearby Counties
How Washburn County, WI compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Washburn County, WI | 16,854 | $129,167 #2/3 | $794 #3/3 | 82.2% #1/3 |
| Barron County, WI | 46,797 | $59,553 | $879 | 77.4% |
| Douglas County, WI | 44,229 | $148,025 | $909 | 71.9% |
Frequently Asked Questions
Common questions about the housing market in Washburn County, Wisconsin.
What is the median home price in Washburn County, Wisconsin?
The median home price in Washburn County, Wisconsin is $129,167, lower than the Wisconsin average of $170,479.
What is the average home price in Washburn County, Wisconsin?
The typical home price in Washburn County, Wisconsin, reported as the median sale price, is $129,167. 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 Washburn County, Wisconsin?
The median gross rent in Washburn County, Wisconsin is $794 per month, lower than the Wisconsin average of $1,087.
What was the median gross rent in Washburn County in 2020?
In 2020, the median gross rent in Washburn County, Wisconsin was $720 per month.
What is the price-to-rent ratio in Washburn County, Wisconsin?
The price-to-rent ratio in Washburn County, Wisconsin is about 13.6, meaning it would take roughly 13.6 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 Washburn County.
Are home prices or rent rising faster in Washburn County, Wisconsin?
Both home prices and rent are rising in Washburn County, up about 7.3% and 2.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Washburn County, Wisconsin?
48.4% of households in Washburn County, Wisconsin own their home, lower than the Wisconsin average of 60.5%.
What is the vacancy rate in Washburn County, Wisconsin?
The housing vacancy rate in Washburn County, Wisconsin is 41.1%, higher than the Wisconsin average of 10.8%.
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