Caledonia, WI—53402
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Caledonia, WI
As of Oct '25, the median home price in Caledonia, WI is $286,000, with a year-over-year change of 4.8%. This indicates that home prices in Caledonia, 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 | $286,000 | 4.8% |
| Single Family | $285,000 | 4.4% |
| Condos | $315,000 | 5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $213,000 | 5.4% |
3 Bed | $303,000 | 4.5% |
4 Bed | $388,000 | 4.9% |
| 5 Bed | $379,000 | 5.3% |
% of Housing Stock
Rental Trends — Caledonia, WI
As of July '25, Rentcast reports the average rent in Caledonia, WI is $1,220, with a year-over-year rent change of -0.8%. Per bedroom, the median rent as of July '25 in Caledonia, WI is 1-bedrooms: $834, 2-bedrooms: $1,180, 3-bedrooms: $1,630. The most common rental property sizes in Caledonia, WI are 2-bedroom and 1-bedroom, accounting for 38.3% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $795 | $834 |
| 2 Bed Rent | $1,100 | $1,180 |
| 3 Bed Rent | $1,440 | $1,630 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Caledonia, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Caledonia, WI is 29. This is a increase of 11.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $384,000 | 12.0% |
Listing Count | 78 | -15.0% |
| Listings as % of Homes | 0.3% | -15.0% |
Days on Market | 29 | 11.0% |
Demographics — Caledonia, WI
As of the latest ACS Survey released in 2023, Caledonia, WI has a population of 35,300, which has increased by 6.0% over the past 5 years. Caledonia, WI is a moderately popular place for families, as children make up 24.0% of the population. The area has a moderately educated workforce, with 33.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,300 | 6.0% |
% Under 18 | 24.0% | -0.8% |
% Seniors | 17.4% | 7.4% |
% WFH | 9.2% | 135.9% |
% w/ College Degree | 33.1% | 23.5% |
As of the latest ACS Survey released in 2023, Caledonia, WI is a predominantly white area, with 71.3% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Caledonia, WI is hispanic, making up 14.4% of the population. Foreign-born residents account for 5.2% of the population in Caledonia, WI, and this percentage has increased by 20.9% 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 | 71.3% | -3.5% |
% Black | 8.9% | -15.2% |
% Hispanic | 14.4% | 21.0% |
% Asian | 1.7% | 30.8% |
% Foreign Born | 5.2% | 20.9% |
Mortgage and Risk — Caledonia, WI
According to HUD data as of 2023, there were 709 mortgage originations in Caledonia, WI, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Caledonia, WI. Investor activity is low, as 2.0% 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 | 709 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Caledonia, WI
Caledonia, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 389 |
Total Units Section 8 | 389 |
% Rentals under Section 8 | 9.7% |
% Occupied Section 8 | 81.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $145 | $795 | $940 |
| 2 Bedroom | $100 | $1,100 | $1,200 |
| 3 Bedroom | $120 | $1,440 | $1,560 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Caledonia, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $286,000 |
| Median Household Income | $74,100 |