New Glarus, WI—53574
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Glarus, WI
As of Oct '25, the median home price in New Glarus, WI is $437,000, with a year-over-year change of 6.4%. This indicates that home prices in New Glarus, 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 | $437,000 | 6.4% |
| Single Family | $446,000 | 6.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $391,000 | 6.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Glarus, WI
New Glarus, WI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Glarus, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in New Glarus, WI is 41. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $417,000 | -10.0% |
Listing Count | 21 | 74.0% |
| Listings as % of Homes | 0.5% | 74.0% |
Days on Market | 41 | -1.0% |
Demographics — New Glarus, WI
As of the latest ACS Survey released in 2023, New Glarus, WI has a population of 4,120, which has increased by 6.5% over the past 5 years. New Glarus, WI is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 41.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,120 | 6.5% |
% Under 18 | 23.7% | -3.7% |
% Seniors | 18.7% | 12.7% |
% WFH | 11.6% | 103.5% |
% w/ College Degree | 41.0% | 11.4% |
As of the latest ACS Survey released in 2023, New Glarus, WI is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in New Glarus, WI is hispanic, making up 2.1% of the population. Foreign-born residents account for 3.0% of the population in New Glarus, WI, and this percentage has increased by 25.0% 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 | 94.6% | -1.6% |
% Black | 0.1% | -50.0% |
% Hispanic | 2.1% | -12.5% |
% Asian | 0.7% | 40.0% |
% Foreign Born | 3.0% | 25.0% |
Mortgage and Risk — New Glarus, WI
According to HUD data as of 2023, there were 156 mortgage originations in New Glarus, WI, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in New Glarus, WI. Investor activity is low, as 4.0% 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 | 156 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 4.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — New Glarus, WI
New Glarus, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,070 |
| 2 Bedroom | N/A | N/A | $1,240 |
| 3 Bedroom | N/A | N/A | $1,630 |
| 4 Bedroom | N/A | N/A | $1,790 |
Affordability — New Glarus, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $437,000 |
| Median Household Income | $103,000 |