View in Interactive Map

Manitowoc, WI—54220

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$244,000
5.7% YoY Growth
Household Income
$65,200
33.4% YoY Growth
Days on Market
33
15.0% Longer YoY
Home Price Forecast
2.7%
Median Rent
$999
4.7% YoY Growth
1-Bed Rent
$780
19.2% YoY Growth
2-Bed Rent
$949
6.8% YoY Growth
3-Bed Rent
$1,400
4.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Manitowoc, WI

As of May '26, the median home price in Manitowoc, WI is $244,000, with a year-over-year change of 5.7%. This indicates that home prices in Manitowoc, WI are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$244,0005.7%
Single Family $243,0005.7%
Condos $265,0004.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $142,000
    7.6%
    2 Bed
    		$192,0005.5%
    3 Bed
    		$240,0005.7%
    4 Bed
    		$261,0005.2%
    5 Bed $280,1286.1%
    Loading chart...

    % of Housing Stock

    Studio
    1.2%
    1 Bedroom
    9.8%
    2 Bedrooms
    29.5%
    3 Bedrooms
    42.4%
    4 Bedrooms
    12.9%
    5+ Bedrooms
    4.2%

    Rental Trends — Manitowoc, WI

    As of July '25, Rentcast reports the average rent in Manitowoc, WI is $1,110, with a year-over-year rent change of 4.7%. Per bedroom, the median rent as of July '25 in Manitowoc, WI is studios: $620, 1-bedrooms: $813, 2-bedrooms: $1,020, 3-bedrooms: $1,480, 4-bedrooms: $1,500. The most common rental property sizes in Manitowoc, WI are 2-bedroom and 1-bedroom, accounting for 46.8% and 24.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$999$1,110
    Studio Rent $620$620
    1 Bed Rent $780$813
    2 Bed Rent $949$1,020
    3 Bed Rent $1,400$1,480
    4 Bed Rent $1,500$1,500
    Loading chart...

    % of Rental Stock

    Studio
    3.5%
    1 Bedroom
    24.6%
    2 Bedrooms
    46.8%
    3 Bedrooms
    20.4%
    4 Bedrooms
    2.7%
    5+ Bedrooms
    1.9%

    Property Listings — Manitowoc, WI

    As of May '26, Realtor.com reports that the median days on market for a home in Manitowoc, WI is 33. This is a increase of 15.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$282,000-4.0%
    Listing Count
    		1113.0%
    Listings as % of Homes0.2%3.0%
    Days on Market
    		3315.0%
    Loading chart...

    Demographics — Manitowoc, WI

    As of the latest ACS Survey released in 2023, Manitowoc, WI has a population of 40,700, which has increased by 4.3% over the past 5 years. Manitowoc, WI is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		40,7004.3%
    % Under 18
    		21.1%1.4%
    % Seniors
    		22.7%11.8%
    % WFH
    		6.2%82.4%
    % w/ College Degree
    		23.9%9.1%
    Loading chart...

    As of the latest ACS Survey released in 2023, Manitowoc, WI is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Manitowoc, WI is hispanic, making up 6.0% of the population. Foreign-born residents account for 4.0% of the population in Manitowoc, WI, and this percentage has increased by 8.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		84.9%-2.3%
    % Black
    		1.5%7.1%
    % Hispanic
    		6.0%33.3%
    % Asian
    		4.3%-15.7%
    % Foreign Born
    		4.0%8.1%
    Loading chart...

    Mortgage and Risk — Manitowoc, WI

    According to HUD data as of 2023, there were 702 mortgage originations in Manitowoc, WI, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Manitowoc, WI. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		702
    % Conventional Loans
    		88.0%
    % Government Loans
    		12.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		11.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Manitowoc, WI

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

    Section 8 Market Size

    Total Units under HUD
    		576
    Total Units Section 8
    		461
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		82.2%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$70$780$710
    2 Bedroom-$19$949$930
    3 Bedroom-$280$1,400$1,120
    4 Bedroom-$260$1,500$1,240

    Affordability — Manitowoc, WI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.8
    Median Home Price$244,000
    Median Household Income$65,200

    Manitowoc, WI — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Francis Creek

    54214

    Whitelaw, WI

    54247

    Kellnersville

    54215

    Newton, WI

    53063

    Valders, WI

    54245

    Frequently Asked Questions