West Bend, Wisconsin Housing Market Prices
West Bend 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 159% above the Wisconsin median$441,293
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Median rent 6% below the Wisconsin median$1,026
Housing Market Overview
| Metric | West Bend | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $441,293 | $170,479 | $248,835 |
| Price Trend (Annual %) | 22.8% | 4.2% | 7.5% |
| Median Gross Rent | $1,026 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in West Bend is about 159% higher than in Wisconsin. Rent is about 6% lower than the Wisconsin average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in West Bend, up about 22.8% and 3.6% a year respectively. Home prices are changing faster.
Median rent in West Bend rose about 35.4% between 2015 and 2024, from $758 to $1,026. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 6.0 yearly household incomes in West Bend.
Buying the median-priced home in West Bend costs roughly 35.9 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 West Bend. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | West Bend | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $441,293 | $170,479 | $248,835 |
| Median Household Income | $74,048 | $77,698 | $80,455 |
| Price-to-Income Ratio | 6.0 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in West Bend rose about 101.9%, while median household income rose about 32.1% 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 | West Bend | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.5% | 60.5% | 58.5% |
| Rental Rate | 32.1% | 28.7% | 31.2% |
| Vacancy Rate | 3.4% | 10.8% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
West Bend has a homeownership rate of 64.5%, higher than the Wisconsin average of 60.5%. Its housing vacancy rate is 3.4%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | West Bend | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.25 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1974 | 1974 | 1978 |
| Median Number of Rooms | 5.6 | 5.6 | 5.5 |
The typical housing unit in West Bend was built around 1974. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in West Bend, Wisconsin.
What is the median home price in West Bend, Wisconsin?
The median home price in West Bend, Wisconsin is $441,293, higher than the Wisconsin average of $170,479.
What is the average home price in West Bend, Wisconsin?
The typical home price in West Bend, Wisconsin, reported as the median sale price, is $441,293. 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 West Bend, Wisconsin?
The median gross rent in West Bend, Wisconsin is $1,026 per month, lower than the Wisconsin average of $1,087.
What was the median gross rent in West Bend in 2020?
In 2020, the median gross rent in West Bend, Wisconsin was $825 per month.
What is the price-to-rent ratio in West Bend, Wisconsin?
The price-to-rent ratio in West Bend, Wisconsin is about 35.9, meaning it would take roughly 35.9 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 West Bend.
Are home prices or rent rising faster in West Bend, Wisconsin?
Both home prices and rent are rising in West Bend, up about 22.8% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in West Bend, Wisconsin?
64.5% of households in West Bend, Wisconsin own their home, higher than the Wisconsin average of 60.5%.
What is the vacancy rate in West Bend, Wisconsin?
The housing vacancy rate in West Bend, Wisconsin is 3.4%, lower than the Wisconsin average of 10.8%.
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