Two Rivers, WI—54241
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Two Rivers, WI
As of Oct '25, the median home price in Two Rivers, WI is $209,000, with a year-over-year change of 8.0%. This indicates that home prices in Two Rivers, WI are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $209,000 | 8.0% |
| Single Family | $209,000 | 7.2% |
| 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 | $208,000 | 6.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Two Rivers, WI
As of July '25, Rentcast reports the average rent in Two Rivers, WI is $924, with a year-over-year rent change of 1.2%. Per bedroom, the median rent as of July '25 in Two Rivers, WI is studios: $475, 1-bedrooms: $780, 2-bedrooms: $910, 3-bedrooms: $1,140, 4-bedrooms: $1,080. The most common rental property sizes in Two Rivers, WI are 2-bedroom and 3-bedroom, accounting for 51.5% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $899 | $924 |
| Studio Rent | $475 | $475 |
| 1 Bed Rent | $850 | $780 |
| 2 Bed Rent | $900 | $910 |
| 3 Bed Rent | $1,150 | $1,140 |
| 4 Bed Rent | $1,080 | $1,080 |
% of Rental Stock
Property Listings — Two Rivers, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Two Rivers, WI is 38. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $222,000 | -15.0% |
Listing Count | 61 | 13.0% |
| Listings as % of Homes | 0.4% | 13.0% |
Days on Market | 38 | 1.0% |
Demographics — Two Rivers, WI
As of the latest ACS Survey released in 2023, Two Rivers, WI has a population of 14,000, which has decreased by -1.2% over the past 5 years. Two Rivers, WI is a moderately popular place for families, as children make up 18.9% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,000 | -1.2% |
% Under 18 | 18.9% | 3.3% |
% Seniors | 22.2% | 5.2% |
% WFH | 6.6% | 214.3% |
% w/ College Degree | 21.9% | 26.6% |
As of the latest ACS Survey released in 2023, Two Rivers, WI is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Two Rivers, WI is hispanic, making up 4.7% of the population. Foreign-born residents account for 2.7% of the population in Two Rivers, WI, and this percentage has increased by 58.8% 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 | 89.5% | -3.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 4.7% | 30.6% |
% Asian | 0.9% | 0.0% |
% Foreign Born | 2.7% | 58.8% |
Mortgage and Risk — Two Rivers, WI
According to HUD data as of 2023, there were 263 mortgage originations in Two Rivers, WI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Two Rivers, WI. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 263 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Two Rivers, WI
As of 2024, the percent of homes in Two Rivers, WI under the Section 8 program is 15.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Two Rivers, WI, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 215 |
Total Units Section 8 | 215 |
% Rentals under Section 8 | 15.6% |
% Occupied Section 8 | 81.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $850 | $760 |
| 2 Bedroom | $50 | $900 | $950 |
| 3 Bedroom | $120 | $1,150 | $1,270 |
| 4 Bedroom | $190 | $1,080 | $1,270 |
Affordability — Two Rivers, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $209,000 |
| Median Household Income | $63,400 |