Algoma, WI 54201 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Algoma, WI—54201

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$253,000

7.6% YoY Growth

Household Income

$65,800

23.8% YoY Growth

Days on Market

45.0% Longer YoY

Home Price Forecast

5.7%

Median Rent

$425

33.5% YoY Growth

1-Bed Rent

$389

52.8% YoY Growth

2-Bed Rent

$425

46.8% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Algoma, WI

As of Dec '25, the median home price in Algoma, WI is $253,000, with a year-over-year change of 7.6%. This indicates that home prices in Algoma, WI are increasing. According to Zillow, the 1-year price projection is 5.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$253,000	7.6%
Single Family	$251,000	8.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Algoma, WI

As of July '25, Rentcast reports the average rent in Algoma, WI is $2,520, with a year-over-year rent change of -33.5%. Per bedroom, the median rent as of July '25 in Algoma, WI is 1-bedrooms: $389, 2-bedrooms: $3,590. The most common rental property sizes in Algoma, WI are 2-bedroom and 1-bedroom, accounting for 40.3% and 23.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$425	$2,520
Studio Rent	N/A	N/A
1 Bed Rent	$389	$389
2 Bed Rent	$425	$3,590
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.8%

1 Bedroom

23.2%

2 Bedrooms

40.3%

3 Bedrooms

22.9%

4 Bedrooms

9.7%

Property Listings — Algoma, WI

As of Dec '25, Realtor.com reports that the median days on market for a home in Algoma, WI is 63. This is a increase of 126.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$280,000	81.0%
Listing Count	11	-27.0%
Listings as % of Homes	0.3%	-27.0%
Days on Market	34	45.0%

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Demographics — Algoma, WI

As of the latest ACS Survey released in 2023, Algoma, WI has a population of 5,180, which has remained stable by -0.2% over the past 5 years. Algoma, WI is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,180	-0.2%
% Under 18	21.2%	6.5%
% Seniors	25.4%	2.4%
% WFH	7.7%	156.7%
% w/ College Degree	18.7%	-7.0%

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As of the latest ACS Survey released in 2023, Algoma, WI is a predominantly white area, with 90.6% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Algoma, WI is hispanic, making up 3.9% of the population. Foreign-born residents account for 1.7% of the population in Algoma, WI, and this percentage has increased by 30.8% 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	90.6%	-6.2%
% Black	0.7%	40.0%
% Hispanic	3.9%	178.6%
% Asian	0.8%	33.3%
% Foreign Born	1.7%	30.8%

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Mortgage and Risk — Algoma, WI

According to HUD data as of 2023, there were 116 mortgage originations in Algoma, WI, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Algoma, WI. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	116
% Conventional Loans	87.0%
% Government Loans	13.0%
% Investor Loans	0.0%
% Second Loans	9.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Algoma, WI

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

Section 8 Market Size

Total Units under HUD	79
Total Units Section 8	40
% Rentals under Section 8	12.1%
% Occupied Section 8	91.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$431	$389	$820
2 Bedroom	$605	$425	$1,030
3 Bedroom	N/A	N/A	$1,360
4 Bedroom	N/A	N/A	$1,390

Algoma, WI—54201

Key Metrics at a Glance

Home Price Trends — Algoma, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Algoma, WI

% of Rental Stock

Property Listings — Algoma, WI

Demographics — Algoma, WI

Race and Ethnicity

Mortgage and Risk — Algoma, WI

Mortgages

Rentals and Section 8 — Algoma, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Algoma, WI

Home Price to Income Ratio

Algoma, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Forestville, WI

Casco, WI

Kewaunee, WI

Luxemburg, WI

Scott, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$253,000
Median Household Income	$65,800

Algoma, WI—54201

Key Metrics at a Glance

Home Price Trends — Algoma, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Algoma, WI

% of Rental Stock

Property Listings — Algoma, WI

Demographics — Algoma, WI

Race and Ethnicity

Mortgage and Risk — Algoma, WI

Mortgages

Rentals and Section 8 — Algoma, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Algoma, WI

Home Price to Income Ratio

Algoma, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Forestville, WI

Casco, WI

Kewaunee, WI

Luxemburg, WI

Scott, WI

Frequently Asked Questions

What is the average home price in Algoma, WI 54201?

How have home prices in Algoma, WI 54201 changed over the past year?

What is the home price projection for Algoma, WI 54201?

What are the demographics of Algoma, WI 54201?

How long does it take homes to sell in Algoma, WI 54201?

What is the average rent price in Algoma, WI 54201?