Niagara, WI—54151
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Niagara, WI
As of Oct '25, the median home price in Niagara, WI is $172,000, with a year-over-year change of 9.9%. This indicates that home prices in Niagara, WI are increasing. According to Zillow, the 1-year price projection is 3.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $172,000 | 9.9% |
| Single Family | $172,000 | 10.3% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Niagara, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Niagara, WI is 31. This is a increase of 116.0% 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 62.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $164,000 | 40.0% |
Listing Count | 13 | 82.0% |
| Listings as % of Homes | 0.5% | 82.0% |
Days on Market | 31 | 116.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Niagara, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $172,000 |
| Median Household Income | $69,100 |