Kenosha, WI—53140
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kenosha, WI
As of Oct '25, the median home price in Kenosha, WI is $243,000, with a year-over-year change of 6.2%. This indicates that home prices in Kenosha, WI are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $243,000 | 6.2% |
| Single Family | $241,000 | 6.6% |
| Condos | $263,000 | 5.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $163,000 | 8.7% |
2 Bed | $225,000 | 7.7% |
3 Bed | $255,000 | 5.8% |
4 Bed | $240,000 | 5.7% |
| 5 Bed | $251,000 | 6.8% |
% of Housing Stock
Rental Trends — Kenosha, WI
As of July '25, Rentcast reports the average rent in Kenosha, WI is $1,450, with a year-over-year rent change of 4.3%. Per bedroom, the median rent as of July '25 in Kenosha, WI is studios: $896, 1-bedrooms: $985, 2-bedrooms: $1,450, 3-bedrooms: $1,950, 4-bedrooms: $1,820. The most common rental property sizes in Kenosha, WI are 2-bedroom and 1-bedroom, accounting for 49.8% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,450 |
| Studio Rent | $895 | $896 |
| 1 Bed Rent | $950 | $985 |
| 2 Bed Rent | $1,380 | $1,450 |
| 3 Bed Rent | $2,000 | $1,950 |
| 4 Bed Rent | $1,650 | $1,820 |
% of Rental Stock
Property Listings — Kenosha, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Kenosha, WI is 30. This is a increase of 5.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 1.0% |
Listing Count | 47 | 29.0% |
| Listings as % of Homes | 0.2% | 29.0% |
Days on Market | 30 | 5.0% |
Demographics — Kenosha, WI
As of the latest ACS Survey released in 2023, Kenosha, WI has a population of 30,300, which has increased by 3.8% over the past 5 years. Kenosha, WI is a moderately popular place for families, as children make up 20.3% of the population. The area has a moderately educated workforce, with 27.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,300 | 3.8% |
% Under 18 | 20.3% | -4.7% |
% Seniors | 17.1% | 24.8% |
% WFH | 5.7% | 159.1% |
% w/ College Degree | 27.6% | 45.3% |
As of the latest ACS Survey released in 2023, Kenosha, WI is a predominantly white area, with 65.6% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Kenosha, WI is hispanic, making up 18.6% of the population. Foreign-born residents account for 10.1% of the population in Kenosha, WI, and this percentage has increased by 53.0% 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 | 65.6% | 0.0% |
% Black | 9.4% | -24.2% |
% Hispanic | 18.6% | 3.3% |
% Asian | 1.6% | 128.6% |
% Foreign Born | 10.1% | 53.0% |
Mortgage and Risk — Kenosha, WI
According to HUD data as of 2023, there were 451 mortgage originations in Kenosha, WI, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Kenosha, WI. Investor activity is low, as 5.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 451 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Kenosha, WI
As of 2024, the percent of homes in Kenosha, WI under the Section 8 program is 19.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Kenosha, WI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,259 |
Total Units Section 8 | 1,200 |
% Rentals under Section 8 | 19.5% |
% Occupied Section 8 | 91.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $950 | $1,020 |
| 2 Bedroom | -$50 | $1,380 | $1,330 |
| 3 Bedroom | -$210 | $2,000 | $1,790 |
| 4 Bedroom | $390 | $1,650 | $2,040 |
Affordability — Kenosha, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $243,000 |
| Median Household Income | $56,800 |