West Bend, WI53090

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$351,000
4.7% YoY Growth
Median Household Income
$87,800
25.8% 5-Year Growth
Days on Market
29
12.0% Shorter than last year
Home Price Forecast
2.1%
Median Rent
$1,300
32.3% YoY Growth
1-Bed Rent
$1,550
N/A
2-Bed Rent
$1,020
2.7% YoY Growth
3-Bed Rent
$1,500
27.4% YoY Growth

Other Zip Codes in West Bend, WI

Property Listings — West Bend, WI

As of Oct '25, Realtor.com reports that the median days on market for a home in West Bend, WI is 29. This is a decrease of -12.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$412,0009.0%
Listing Count
59-27.0%
Listings as % of Homes0.2%-27.0%
Days on Market
29-12.0%
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Demographics — West Bend, WI

As of the latest ACS Survey released in 2023, West Bend, WI has a population of 21,900, which has increased by 2.2% over the past 5 years. West Bend, WI is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
21,9002.2%
% Under 18
20.2%-4.3%
% Seniors
17.5%12.9%
% WFH
8.9%187.1%
% w/ College Degree
28.9%26.2%
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As of the latest ACS Survey released in 2023, West Bend, WI is a predominantly white area, with 92.0% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in West Bend, WI is hispanic, making up 3.1% of the population. Foreign-born residents account for 2.1% of the population in West Bend, WI, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.0%-1.3%
% Black
1.6%33.3%
% Hispanic
3.1%-26.2%
% Asian
0.8%166.7%
% Foreign Born
2.1%0.0%
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Mortgage and Risk — West Bend, WI

According to HUD data as of 2023, there were 506 mortgage originations in West Bend, WI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in West Bend, WI. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
506
% Conventional Loans
91.0%
% Government Loans
9.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — West Bend, WI

As of 2024, the percent of homes in West Bend, WI under the Section 8 program is 13.3%. 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. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in West Bend, WI, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
267
Total Units Section 8
267
% Rentals under Section 8
13.3%
% Occupied Section 8
76.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$470$1,550$1,080
2 Bedroom$260$1,020$1,280
3 Bedroom$90$1,500$1,590
4 Bedroom-$950$2,680$1,730

Affordability — West Bend, WI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$351,000
Median Household Income$87,800

West Bend, WI — ZIP Code Boundary Map

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Frequently Asked Questions