Mayville, WI—53050
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mayville, WI
As of Oct '25, the median home price in Mayville, WI is $278,000, with a year-over-year change of 6.5%. This indicates that home prices in Mayville, WI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $278,000 | 6.5% |
| Single Family | $284,000 | 6.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $197,000 | 8.8% |
3 Bed | $273,000 | 6.2% |
4 Bed | $309,000 | 5.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mayville, WI
As of July '25, Rentcast reports the average rent in Mayville, WI is $1,220, with a year-over-year rent change of 15.1%. Per bedroom, the median rent as of July '25 in Mayville, WI is 1-bedrooms: $1,160, 2-bedrooms: $1,070, 3-bedrooms: $1,400. The most common rental property sizes in Mayville, WI are 2-bedroom and 3-bedroom, accounting for 52.6% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,030 | $1,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $825 | $1,160 |
| 2 Bed Rent | $975 | $1,070 |
| 3 Bed Rent | $1,420 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mayville, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Mayville, WI is 29. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter 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 | $262,000 | 8.0% |
Listing Count | 8 | -51.0% |
| Listings as % of Homes | 0.3% | -51.0% |
Days on Market | 29 | -5.0% |
Demographics — Mayville, WI
As of the latest ACS Survey released in 2023, Mayville, WI has a population of 7,150, which has increased by 7.0% over the past 5 years. Mayville, WI is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,150 | 7.0% |
% Under 18 | 22.8% | 3.2% |
% Seniors | 20.7% | 15.6% |
% WFH | 5.0% | 8.7% |
% w/ College Degree | 16.9% | 7.6% |
As of the latest ACS Survey released in 2023, Mayville, WI is a predominantly white area, with 97.8% of the population identifying as white. The white population has grown by 3.1% in the last 5 years. The second most common race or ethnicity in Mayville, WI is black, making up 0.2% of the population. Foreign-born residents account for 0.8% of the population in Mayville, WI, and this percentage has decreased by 42.9% 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 | 97.8% | 3.1% |
% Black | 0.2% | ∞% |
% Hispanic | 0.2% | -90.9% |
% Asian | 0.1% | -90.9% |
% Foreign Born | 0.8% | -42.9% |
Mortgage and Risk — Mayville, WI
According to HUD data as of 2023, there were 126 mortgage originations in Mayville, WI, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Mayville, WI. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 126 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Mayville, WI
Mayville, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 81 |
Total Units Section 8 | 81 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 69.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$75 | $825 | $750 |
| 2 Bedroom | -$45 | $975 | $930 |
| 3 Bedroom | -$150 | $1,420 | $1,270 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Mayville, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $278,000 |
| Median Household Income | $69,800 |