Milton, WI 53563 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Milton, WI—53563

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$361,000

5.5% YoY Growth

Household Income

$89,400

20.0% YoY Growth

Days on Market

18.0% Shorter YoY

Home Price Forecast

3.9%

Median Rent

$1,650

80.2% YoY Growth

1-Bed Rent

$995

77.9% YoY Growth

2-Bed Rent

$1,500

64.3% YoY Growth

3-Bed Rent

$2,000

N/A

Home Price Trends — Milton, WI

As of Dec '25, the median home price in Milton, WI is $361,000, with a year-over-year change of 5.5%. This indicates that home prices in Milton, WI are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$361,000	5.5%
Single Family	$369,000	5.7%
Condos	$284,000	4.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Milton, WI

As of July '25, Rentcast reports the average rent in Milton, WI is $1,600, with a year-over-year rent change of 80.2%. Per bedroom, the median rent as of July '25 in Milton, WI is 1-bedrooms: $1,320, 2-bedrooms: $1,640, 3-bedrooms: $1,800, 4-bedrooms: $2,000. The most common rental property sizes in Milton, WI are 2-bedroom and 3-bedroom, accounting for 54.8% and 23.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$1,600
Studio Rent	N/A	N/A
1 Bed Rent	$995	$1,320
2 Bed Rent	$1,500	$1,640
3 Bed Rent	$2,000	$1,800
4 Bed Rent	$2,000	$2,000

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% of Rental Stock

Studio

3.8%

1 Bedroom

13.2%

2 Bedrooms

54.8%

3 Bedrooms

23.7%

4 Bedrooms

4.3%

Property Listings — Milton, WI

As of Dec '25, Realtor.com reports that the median days on market for a home in Milton, WI is 50. 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 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$470,000	8.0%
Listing Count	54	54.0%
Listings as % of Homes	0.5%	54.0%
Days on Market	55	-18.0%

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Demographics — Milton, WI

As of the latest ACS Survey released in 2023, Milton, WI has a population of 11,500, which has increased by 2.3% over the past 5 years. Milton, WI is a moderately popular place for families, as children make up 23.8% of the population. The area has a moderately educated workforce, with 31.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,500	2.3%
% Under 18	23.8%	-6.7%
% Seniors	17.5%	10.1%
% WFH	6.9%	21.1%
% w/ College Degree	31.3%	10.2%

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As of the latest ACS Survey released in 2023, Milton, WI is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Milton, WI is hispanic, making up 3.7% of the population. Foreign-born residents account for 2.4% of the population in Milton, WI, and this percentage has increased by 26.3% 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	92.6%	-2.8%
% Black	0.0%	-100.0%
% Hispanic	3.7%	60.9%
% Asian	0.0%	-100.0%
% Foreign Born	2.4%	26.3%

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Mortgage and Risk — Milton, WI

According to HUD data as of 2023, there were 212 mortgage originations in Milton, WI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Milton, WI. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	212
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	5.0%
% Second Loans	1.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Milton, WI

As of 2024, the percent of homes in Milton, WI under the Section 8 program is 25.3%. 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. In Milton, WI, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	151
Total Units Section 8	151
% Rentals under Section 8	25.3%
% Occupied Section 8	96.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$105	$995	$890
2 Bedroom	-$330	$1,500	$1,170
3 Bedroom	-$470	$2,000	$1,530
4 Bedroom	-$450	$2,000	$1,550

Milton, WI—53563

Key Metrics at a Glance

Home Price Trends — Milton, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Milton, WI

% of Rental Stock

Property Listings — Milton, WI

Demographics — Milton, WI

Race and Ethnicity

Mortgage and Risk — Milton, WI

Mortgages

Rentals and Section 8 — Milton, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Milton, WI

Home Price to Income Ratio

Milton, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Janesville, WI

La Prairie, WI

Fort Atkinson, WI

Bradford, WI

Edgerton, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$361,000
Median Household Income	$89,400

Milton, WI—53563

Key Metrics at a Glance

Home Price Trends — Milton, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Milton, WI

% of Rental Stock

Property Listings — Milton, WI

Demographics — Milton, WI

Race and Ethnicity

Mortgage and Risk — Milton, WI

Mortgages

Rentals and Section 8 — Milton, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Milton, WI

Home Price to Income Ratio

Milton, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Janesville, WI

La Prairie, WI

Fort Atkinson, WI

Bradford, WI

Edgerton, WI

Frequently Asked Questions

What is the average home price in Milton, WI 53563?

How have home prices in Milton, WI 53563 changed over the past year?

What is the home price projection for Milton, WI 53563?

What are the demographics of Milton, WI 53563?

How long does it take homes to sell in Milton, WI 53563?

What is the average rent price in Milton, WI 53563?