Port Washington, WI—53074
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Port Washington, WI
As of Oct '25, the median home price in Port Washington, WI is $366,000, with a year-over-year change of 5.4%. This indicates that home prices in Port Washington, WI are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $366,000 | 5.4% |
| Single Family | $370,000 | 5.4% |
| Condos | $332,000 | 5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $305,000 | 6.6% |
3 Bed | $357,000 | 5.9% |
4 Bed | $450,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Port Washington, WI
As of July '25, Rentcast reports the average rent in Port Washington, WI is $2,440, with a year-over-year rent change of 16.7%. Per bedroom, the median rent as of July '25 in Port Washington, WI is studios: $675, 1-bedrooms: $878, 2-bedrooms: $1,590, 3-bedrooms: $3,880, 4-bedrooms: $3,500. The most common rental property sizes in Port Washington, WI are 2-bedroom and 1-bedroom, accounting for 48.5% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $2,440 |
| Studio Rent | $675 | $675 |
| 1 Bed Rent | $795 | $878 |
| 2 Bed Rent | $1,600 | $1,590 |
| 3 Bed Rent | $4,500 | $3,880 |
| 4 Bed Rent | $3,500 | $3,500 |
% of Rental Stock
Property Listings — Port Washington, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Washington, WI is 45. This is a increase of 28.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $557,000 | 13.0% |
Listing Count | 43 | 12.0% |
| Listings as % of Homes | 0.4% | 12.0% |
Days on Market | 45 | 28.0% |
Demographics — Port Washington, WI
As of the latest ACS Survey released in 2023, Port Washington, WI has a population of 13,600, which has increased by 4.9% over the past 5 years. Port Washington, WI is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 35.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,600 | 4.9% |
% Under 18 | 21.7% | 3.3% |
% Seniors | 18.4% | 12.9% |
% WFH | 12.0% | 361.5% |
% w/ College Degree | 35.8% | 5.6% |
As of the latest ACS Survey released in 2023, Port Washington, WI is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Port Washington, WI is hispanic, making up 2.7% of the population. Foreign-born residents account for 3.2% of the population in Port Washington, WI, and this percentage has increased by 52.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.4% | -2.1% |
% Black | 1.4% | 133.3% |
% Hispanic | 2.7% | -40.0% |
% Asian | 1.1% | 266.7% |
% Foreign Born | 3.2% | 52.4% |
Mortgage and Risk — Port Washington, WI
According to HUD data as of 2023, there were 327 mortgage originations in Port Washington, WI, of which 92.0% 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 Port Washington, WI. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 327 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Port Washington, WI
As of 2024, the percent of homes in Port Washington, WI under the Section 8 program is 5.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Port Washington, WI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 104 |
Total Units Section 8 | 104 |
% Rentals under Section 8 | 5.2% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $235 | $795 | $1,030 |
| 2 Bedroom | -$370 | $1,600 | $1,230 |
| 3 Bedroom | -$2,980 | $4,500 | $1,520 |
| 4 Bedroom | -$1,840 | $3,500 | $1,660 |
Affordability — Port Washington, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $366,000 |
| Median Household Income | $78,900 |