Waterford, WI—53185
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waterford, WI
As of Oct '25, the median home price in Waterford, WI is $435,000, with a year-over-year change of 4.0%. This indicates that home prices in Waterford, WI are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $435,000 | 4.0% |
| Single Family | $449,000 | 4.2% |
| Condos | $343,000 | 2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $344,000 | 2.4% |
3 Bed | $449,000 | 4.9% |
4 Bed | $540,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waterford, WI
As of July '25, Rentcast reports the average rent in Waterford, WI is $1,910, with a year-over-year rent change of 56.6%. Per bedroom, the median rent as of July '25 in Waterford, WI is 1-bedrooms: $1,140, 2-bedrooms: $1,840, 3-bedrooms: $2,230. The most common rental property sizes in Waterford, WI are 2-bedroom and 3-bedroom, accounting for 39.9% and 37.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,910 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,140 | $1,140 |
| 2 Bed Rent | $1,750 | $1,840 |
| 3 Bed Rent | $2,000 | $2,230 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Waterford, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterford, WI is 44. This is a decrease of -7.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | 13.0% |
Listing Count | 70 | 12.0% |
| Listings as % of Homes | 0.7% | 12.0% |
Days on Market | 44 | -7.0% |
Demographics — Waterford, WI
As of the latest ACS Survey released in 2023, Waterford, WI has a population of 18,800, which has remained stable by -0.8% over the past 5 years. Waterford, WI is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 31.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,800 | -0.8% |
% Under 18 | 20.1% | -11.5% |
% Seniors | 18.5% | 15.6% |
% WFH | 11.5% | 187.5% |
% w/ College Degree | 31.7% | -3.6% |
As of the latest ACS Survey released in 2023, Waterford, WI is a predominantly white area, with 91.1% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Waterford, WI is hispanic, making up 4.8% of the population. Foreign-born residents account for 2.2% of the population in Waterford, WI, and this percentage has increased by 46.7% 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 | 91.1% | -4.5% |
% Black | 0.4% | 100.0% |
% Hispanic | 4.8% | 60.0% |
% Asian | 1.2% | 100.0% |
% Foreign Born | 2.2% | 46.7% |
Mortgage and Risk — Waterford, WI
According to HUD data as of 2023, there were 421 mortgage originations in Waterford, WI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Waterford, WI. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 421 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Waterford, WI
Waterford, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,140 | $1,020 |
| 2 Bedroom | -$450 | $1,750 | $1,300 |
| 3 Bedroom | -$310 | $2,000 | $1,690 |
| 4 Bedroom | N/A | N/A | $2,050 |
Affordability — Waterford, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $435,000 |
| Median Household Income | $101,000 |