Baldwin, WI 54002 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Baldwin, WI—54002

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$330,000

2.3% YoY Growth

Household Income

$84,900

29.0% YoY Growth

Days on Market

7.0% Shorter YoY

Home Price Forecast

0.1%

Median Rent

$1,500

22.8% YoY Growth

1-Bed Rent

$900

2.9% YoY Growth

2-Bed Rent

$1,600

35.6% YoY Growth

3-Bed Rent

$1,300

4.1% YoY Growth

Home Price Trends — Baldwin, WI

As of Dec '25, the median home price in Baldwin, WI is $330,000, with a year-over-year change of 2.3%. This indicates that home prices in Baldwin, WI are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$330,000	2.3%
Single Family	$331,000	2.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Baldwin, WI

As of July '25, Rentcast reports the average rent in Baldwin, WI is $1,510, with a year-over-year rent change of 22.8%. Per bedroom, the median rent as of July '25 in Baldwin, WI is 1-bedrooms: $900, 2-bedrooms: $1,600, 3-bedrooms: $1,410, 4-bedrooms: $1,500. The most common rental property sizes in Baldwin, WI are 2-bedroom and 1-bedroom, accounting for 52.2% and 22.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,510
Studio Rent	N/A	N/A
1 Bed Rent	$900	$900
2 Bed Rent	$1,600	$1,600
3 Bed Rent	$1,300	$1,410
4 Bed Rent	$1,500	$1,500

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% of Rental Stock

1 Bedroom

22.1%

2 Bedrooms

52.2%

3 Bedrooms

20.5%

4 Bedrooms

1.9%

5+ Bedrooms

3.3%

Property Listings — Baldwin, WI

As of Dec '25, Realtor.com reports that the median days on market for a home in Baldwin, WI is 36. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$359,000	3.0%
Listing Count	21	-6.0%
Listings as % of Homes	0.6%	-6.0%
Days on Market	67	-7.0%

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Demographics — Baldwin, WI

As of the latest ACS Survey released in 2023, Baldwin, WI has a population of 6,890, which has increased by 7.6% over the past 5 years. Baldwin, WI is a popular place for families, as children make up 29.8% of the population. The area has a moderately educated workforce, with 33.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,890	7.6%
% Under 18	29.8%	11.6%
% Seniors	13.1%	-4.4%
% WFH	13.7%	234.1%
% w/ College Degree	33.4%	56.8%

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As of the latest ACS Survey released in 2023, Baldwin, WI is a predominantly white area, with 95.3% of the population identifying as white. The white population has grown by 3.1% in the last 5 years. The second most common race or ethnicity in Baldwin, WI is black, making up 1.2% of the population. Foreign-born residents account for 0.8% of the population in Baldwin, WI, and this percentage has decreased by 38.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	95.3%	3.1%
% Black	1.2%	∞%
% Hispanic	1.1%	-75.0%
% Asian	0.3%	-50.0%
% Foreign Born	0.8%	-38.5%

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Mortgage and Risk — Baldwin, WI

According to HUD data as of 2023, there were 71 mortgage originations in Baldwin, WI, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Baldwin, WI. Investor activity is low, as 3.0% 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	71
% Conventional Loans	79.0%
% Government Loans	21.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Baldwin, WI

As of 2024, the percent of homes in Baldwin, WI under the Section 8 program is 5.7%. 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 and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Baldwin, WI, because HUD payments exceed market rent, while 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD	67
Total Units Section 8	32
% Rentals under Section 8	5.7%
% Occupied Section 8	92.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$300	$900	$1,200
2 Bedroom	-$140	$1,600	$1,460
3 Bedroom	$670	$1,300	$1,970
4 Bedroom	$740	$1,500	$2,240

Baldwin, WI—54002

Key Metrics at a Glance

Home Price Trends — Baldwin, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Baldwin, WI

% of Rental Stock

Property Listings — Baldwin, WI

Demographics — Baldwin, WI

Race and Ethnicity

Mortgage and Risk — Baldwin, WI

Mortgages

Rentals and Section 8 — Baldwin, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Baldwin, WI

Home Price to Income Ratio

Baldwin, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Hammond, WI

Woodville, WI

Wilson, WI

Spring Valley, WI

Roberts, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$330,000
Median Household Income	$84,900

Baldwin, WI—54002

Key Metrics at a Glance

Home Price Trends — Baldwin, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Baldwin, WI

% of Rental Stock

Property Listings — Baldwin, WI

Demographics — Baldwin, WI

Race and Ethnicity

Mortgage and Risk — Baldwin, WI

Mortgages

Rentals and Section 8 — Baldwin, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Baldwin, WI

Home Price to Income Ratio

Baldwin, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Hammond, WI

Woodville, WI

Wilson, WI

Spring Valley, WI

Roberts, WI

Frequently Asked Questions

What is the average home price in Baldwin, WI 54002?

How have home prices in Baldwin, WI 54002 changed over the past year?

What is the home price projection for Baldwin, WI 54002?

What are the demographics of Baldwin, WI 54002?

How long does it take homes to sell in Baldwin, WI 54002?

What is the average rent price in Baldwin, WI 54002?