McFarland, WI—53558
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — McFarland, WI
As of Oct '25, the median home price in McFarland, WI is $479,000, with a year-over-year change of 2.2%. This indicates that home prices in McFarland, WI are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $479,000 | 2.2% |
| Single Family | $486,000 | 2.3% |
| Condos | $417,000 | 5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $368,000 | 4.0% |
3 Bed | $446,000 | 3.2% |
4 Bed | $549,000 | 3.2% |
| 5 Bed | $612,000 | 2.2% |
% of Housing Stock
Rental Trends — McFarland, WI
As of July '25, Rentcast reports the average rent in McFarland, WI is $2,090, with a year-over-year rent change of 23.7%. Per bedroom, the median rent as of July '25 in McFarland, WI is 1-bedrooms: $988, 2-bedrooms: $1,750, 3-bedrooms: $2,620, 4-bedrooms: $3,300. The most common rental property sizes in McFarland, WI are 2-bedroom and 3-bedroom, accounting for 59.2% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,150 | $2,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $500 | $988 |
| 2 Bed Rent | $1,650 | $1,750 |
| 3 Bed Rent | $2,540 | $2,620 |
| 4 Bed Rent | $2,800 | $3,300 |
% of Rental Stock
Property Listings — McFarland, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in McFarland, WI is 41. This is a increase of 28.0% 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 | $436,000 | -1.0% |
Listing Count | 37 | -4.0% |
| Listings as % of Homes | 0.4% | -4.0% |
Days on Market | 41 | 28.0% |
Demographics — McFarland, WI
As of the latest ACS Survey released in 2023, McFarland, WI has a population of 13,100, which has increased by 10.7% over the past 5 years. McFarland, WI is a moderately popular place for families, as children make up 24.4% of the population. The area has a highly educated workforce, with 49.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,100 | 10.7% |
% Under 18 | 24.4% | 1.7% |
% Seniors | 17.3% | 0.0% |
% WFH | 16.8% | 309.8% |
% w/ College Degree | 49.0% | 9.9% |
As of the latest ACS Survey released in 2023, McFarland, WI is a predominantly white area, with 86.9% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in McFarland, WI is hispanic, making up 3.4% of the population. Foreign-born residents account for 3.3% of the population in McFarland, WI, and this percentage has increased by 26.9% 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 | 86.9% | -7.6% |
% Black | 0.8% | -55.6% |
% Hispanic | 3.4% | 100.0% |
% Asian | 2.9% | 107.1% |
% Foreign Born | 3.3% | 26.9% |
Mortgage and Risk — McFarland, WI
According to HUD data as of 2023, there were 567 mortgage originations in McFarland, WI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in McFarland, WI. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 567 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — McFarland, WI
As of 2024, the percent of homes in McFarland, WI under the Section 8 program is 7.2%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in McFarland, WI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 86 |
Total Units Section 8 | 86 |
% Rentals under Section 8 | 7.2% |
% Occupied Section 8 | 85.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $890 | $500 | $1,390 |
| 2 Bedroom | -$50 | $1,650 | $1,600 |
| 3 Bedroom | -$440 | $2,540 | $2,100 |
| 4 Bedroom | -$450 | $2,800 | $2,350 |
Affordability — McFarland, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $479,000 |
| Median Household Income | $107,000 |