Niagara, WI 54151 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Niagara, WI—54151

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$173,000

10.4% YoY Growth

Household Income

$69,100

34.3% YoY Growth

Days on Market

74.0% Longer YoY

Home Price Forecast

5.4%

Median Rent

$800

27.0% YoY Growth

1-Bed Rent

$600

0.0% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$800

N/A

Home Price Trends — Niagara, WI

As of Dec '25, the median home price in Niagara, WI is $173,000, with a year-over-year change of 10.4%. This indicates that home prices in Niagara, WI are increasing. According to Zillow, the 1-year price projection is 5.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$173,000	10.4%
Single Family	$173,000	10.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Niagara, WI

As of July '25, Rentcast reports the average rent in Niagara, WI is $762, with a year-over-year rent change of 27.0%. Per bedroom, the median rent as of July '25 in Niagara, WI is 1-bedrooms: $600, 3-bedrooms: $800, 4-bedrooms: $825. The most common rental property sizes in Niagara, WI are 3-bedroom and 2-bedroom, accounting for 45.7% and 33.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$800	$762
Studio Rent	N/A	N/A
1 Bed Rent	$600	$600
2 Bed Rent	N/A	N/A
3 Bed Rent	$800	$800
4 Bed Rent	$800	$825

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% of Rental Stock

1 Bedroom

12.9%

2 Bedrooms

33.8%

3 Bedrooms

45.7%

4 Bedrooms

7.6%

Property Listings — Niagara, WI

As of Dec '25, Realtor.com reports that the median days on market for a home in Niagara, WI is 55. This is a increase of 162.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$156,000	11.0%
Listing Count	14	95.0%
Listings as % of Homes	0.5%	95.0%
Days on Market	76	74.0%

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Demographics — Niagara, WI

As of the latest ACS Survey released in 2023, Niagara, WI has a population of 3,500, which has increased by 5.3% over the past 5 years. Niagara, WI is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,500	5.3%
% Under 18	21.9%	18.4%
% Seniors	20.1%	2.6%
% WFH	11.1%	184.6%
% w/ College Degree	16.7%	12.1%

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As of the latest ACS Survey released in 2023, Niagara, WI is a predominantly white area, with 94.8% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Niagara, WI is hispanic, making up 0.8% of the population. Foreign-born residents account for 0.5% of the population in Niagara, WI, and this percentage has decreased by 75.0% 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	94.8%	-1.9%
% Black	0.5%	-16.7%
% Hispanic	0.8%	-52.9%
% Asian	0.0%	N/A
% Foreign Born	0.5%	-75.0%

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Mortgage and Risk — Niagara, WI

According to HUD data as of 2023, there were 80 mortgage originations in Niagara, WI, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Niagara, WI. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	80
% Conventional Loans	81.0%
% Government Loans	19.0%
% Investor Loans	1.0%
% Second Loans	15.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Niagara, WI

Niagara, WI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	4
Total Units Section 8	4
% 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	$200	$600	$800
2 Bedroom	N/A	N/A	$1,030
3 Bedroom	$450	$800	$1,250
4 Bedroom	$690	$800	$1,490

Niagara, WI—54151

Key Metrics at a Glance

Home Price Trends — Niagara, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Niagara, WI

% of Rental Stock

Property Listings — Niagara, WI

Demographics — Niagara, WI

Race and Ethnicity

Mortgage and Risk — Niagara, WI

Mortgages

Rentals and Section 8 — Niagara, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Niagara, WI

Home Price to Income Ratio

Niagara, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Quinnesec, MI

Kingsford, MI

Pembine, WI

Norway, MI

Loretto, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2
Median Home Price	$173,000
Median Household Income	$69,100

Niagara, WI—54151

Key Metrics at a Glance

Home Price Trends — Niagara, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Niagara, WI

% of Rental Stock

Property Listings — Niagara, WI

Demographics — Niagara, WI

Race and Ethnicity

Mortgage and Risk — Niagara, WI

Mortgages

Rentals and Section 8 — Niagara, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Niagara, WI

Home Price to Income Ratio

Niagara, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Quinnesec, MI

Kingsford, MI

Pembine, WI

Norway, MI

Loretto, MI

Frequently Asked Questions

What is the average home price in Niagara, WI 54151?

How have home prices in Niagara, WI 54151 changed over the past year?

What is the home price projection for Niagara, WI 54151?

What are the demographics of Niagara, WI 54151?

How long does it take homes to sell in Niagara, WI 54151?

What is the average rent price in Niagara, WI 54151?