Bovina, WI—54170
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bovina, WI
As of Oct '25, the median home price in Bovina, WI is $326,000, with a year-over-year change of 5.6%. This indicates that home prices in Bovina, WI are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $326,000 | 5.6% |
| Single Family | $327,000 | 6.2% |
| 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 | $284,000 | 4.8% |
4 Bed | $335,000 | 5.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bovina, WI
As of July '25, Rentcast reports the average rent in Bovina, WI is $755, with a year-over-year rent change of -38.1%. Per bedroom, the median rent as of July '25 in Bovina, WI is 1-bedrooms: $755. The most common rental property sizes in Bovina, WI are 2-bedroom and 3-bedroom, accounting for 48.3% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $755 | $755 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $755 | $755 |
| 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 — Bovina, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Bovina, WI is 50. This is a decrease of -31.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $406,000 | 3.0% |
Listing Count | 11 | 29.0% |
| Listings as % of Homes | 0.2% | 29.0% |
Days on Market | 50 | -31.0% |
Demographics — Bovina, WI
As of the latest ACS Survey released in 2023, Bovina, WI has a population of 3,770, which has increased by 5.3% over the past 5 years. Bovina, WI is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,770 | 5.3% |
% Under 18 | 24.5% | 11.9% |
% Seniors | 17.7% | 17.2% |
% WFH | 9.9% | 241.4% |
% w/ College Degree | 18.0% | 9.1% |
As of the latest ACS Survey released in 2023, Bovina, WI is a predominantly white area, with 96.4% of the population identifying as white. The white population has grown by 3.8% in the last 5 years. The second most common race or ethnicity in Bovina, WI is hispanic, making up 2.5% of the population. Foreign-born residents account for 1.0% of the population in Bovina, WI, and this percentage has decreased by 16.7% 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 | 96.4% | 3.8% |
% Black | 0.0% | N/A |
% Hispanic | 2.5% | -52.8% |
% Asian | 0.1% | ∞% |
% Foreign Born | 1.0% | -16.7% |
Mortgage and Risk — Bovina, WI
According to HUD data as of 2023, there were 186 mortgage originations in Bovina, WI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Bovina, WI. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 186 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Bovina, WI
Bovina, 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 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$25 | $755 | $730 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Bovina, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $326,000 |
| Median Household Income | $76,700 |