Beloit, WI—53511
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Beloit, WI
As of Oct '25, the median home price in Beloit, WI is $204,000, with a year-over-year change of 6.2%. This indicates that home prices in Beloit, WI are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $204,000 | 6.2% |
| Single Family | $202,000 | 6.9% |
| Condos | $245,000 | 7.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $152,000 | 6.3% |
3 Bed | $210,000 | 7.7% |
4 Bed | $230,000 | 7.0% |
| 5 Bed | $248,000 | 6.9% |
% of Housing Stock
Rental Trends — Beloit, WI
As of July '25, Rentcast reports the average rent in Beloit, WI is $1,130, with a year-over-year rent change of 3.7%. Per bedroom, the median rent as of July '25 in Beloit, WI is studios: $870, 1-bedrooms: $985, 2-bedrooms: $1,120, 3-bedrooms: $1,510. The most common rental property sizes in Beloit, WI are 2-bedroom and 3-bedroom, accounting for 36.2% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,160 | $1,130 |
| Studio Rent | $685 | $870 |
| 1 Bed Rent | $895 | $985 |
| 2 Bed Rent | $1,160 | $1,120 |
| 3 Bed Rent | $1,500 | $1,510 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Beloit, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Beloit, WI is 43. This is a increase of 2.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $311,000 | 29.0% |
Listing Count | 174 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 43 | 2.0% |
Demographics — Beloit, WI
As of the latest ACS Survey released in 2023, Beloit, WI has a population of 48,300, which has decreased by -1.8% over the past 5 years. Beloit, WI is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,300 | -1.8% |
% Under 18 | 24.6% | 1.2% |
% Seniors | 15.9% | 6.0% |
% WFH | 6.4% | 113.3% |
% w/ College Degree | 19.3% | 14.2% |
As of the latest ACS Survey released in 2023, Beloit, WI is a predominantly white area, with 63.6% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Beloit, WI is hispanic, making up 19.1% of the population. Foreign-born residents account for 8.8% of the population in Beloit, WI, and this percentage has increased by 8.6% 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 | 63.6% | -5.2% |
% Black | 11.1% | 2.8% |
% Hispanic | 19.1% | 15.1% |
% Asian | 1.1% | -15.4% |
% Foreign Born | 8.8% | 8.6% |
Mortgage and Risk — Beloit, WI
According to HUD data as of 2023, there were 1046 mortgage originations in Beloit, WI, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Beloit, WI. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,046 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Beloit, WI
Beloit, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,250 |
Total Units Section 8 | 1,044 |
% Rentals under Section 8 | 16.1% |
% Occupied Section 8 | 77.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$45 | $895 | $850 |
| 2 Bedroom | -$40 | $1,160 | $1,120 |
| 3 Bedroom | -$30 | $1,500 | $1,470 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Beloit, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $204,000 |
| Median Household Income | $65,300 |