Mitchell, WI—53011
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mitchell, WI
As of Oct '25, the median home price in Mitchell, WI is $355,000, with a year-over-year change of 7.5%. This indicates that home prices in Mitchell, WI are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $355,000 | 7.5% |
| Single Family | $353,000 | 7.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $342,000 | 6.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mitchell, WI
Mitchell, WI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mitchell, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Mitchell, WI is 31. This is a increase of 30.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $498,000 | 1.0% |
Listing Count | 8 | 20.0% |
| Listings as % of Homes | 0.3% | 20.0% |
Days on Market | 31 | 30.0% |
Demographics — Mitchell, WI
As of the latest ACS Survey released in 2023, Mitchell, WI has a population of 2,270, which has increased by 3.8% over the past 5 years. Mitchell, WI is a moderately popular place for families, as children make up 19.7% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,270 | 3.8% |
% Under 18 | 19.7% | -5.3% |
% Seniors | 16.6% | -7.8% |
% WFH | 10.0% | 150.0% |
% w/ College Degree | 18.3% | -22.5% |
As of the latest ACS Survey released in 2023, Mitchell, WI is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Mitchell, WI is hispanic, making up 4.5% of the population. Foreign-born residents account for 2.2% of the population in Mitchell, WI, and this percentage has decreased by 8.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.6% | -2.8% |
% Black | 0.4% | ∞% |
% Hispanic | 4.5% | 87.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.2% | -8.3% |
Mortgage and Risk — Mitchell, WI
According to HUD data as of 2023, there were 66 mortgage originations in Mitchell, WI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Mitchell, WI. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 66 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Mitchell, WI
Mitchell, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Mitchell, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $355,000 |
| Median Household Income | $91,400 |