Howard, WI—54313
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Howard, WI
As of Oct '25, the median home price in Howard, WI is $399,000, with a year-over-year change of 4.8%. This indicates that home prices in Howard, WI are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $399,000 | 4.8% |
| Single Family | $404,000 | 4.7% |
| Condos | $256,000 | -2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $284,000 | 5.2% |
3 Bed | $396,000 | 4.8% |
4 Bed | $477,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Howard, WI
As of July '25, Rentcast reports the average rent in Howard, WI is $1,520, with a year-over-year rent change of 13.4%. Per bedroom, the median rent as of July '25 in Howard, WI is 1-bedrooms: $1,020, 2-bedrooms: $1,260, 3-bedrooms: $1,750, 4-bedrooms: $2,000. The most common rental property sizes in Howard, WI are 2-bedroom and 3-bedroom, accounting for 61.2% and 19.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $899 | $1,020 |
| 2 Bed Rent | $1,240 | $1,260 |
| 3 Bed Rent | $1,750 | $1,750 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Howard, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Howard, WI is 41. 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $500,000 | 9.0% |
Listing Count | 139 | 15.0% |
| Listings as % of Homes | 0.3% | 15.0% |
Days on Market | 41 | 1.0% |
Demographics — Howard, WI
As of the latest ACS Survey released in 2023, Howard, WI has a population of 41,000, which has increased by 7.4% over the past 5 years. Howard, WI is a moderately popular place for families, as children make up 24.2% of the population. The area has a moderately educated workforce, with 43.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,000 | 7.4% |
% Under 18 | 24.2% | -0.4% |
% Seniors | 17.7% | 24.6% |
% WFH | 14.0% | 250.0% |
% w/ College Degree | 43.0% | 19.8% |
As of the latest ACS Survey released in 2023, Howard, WI is a predominantly white area, with 87.9% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Howard, WI is hispanic, making up 3.4% of the population. Foreign-born residents account for 2.7% of the population in Howard, WI, and this percentage has increased by 22.7% 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 | 87.9% | -4.4% |
% Black | 1.4% | 180.0% |
% Hispanic | 3.4% | 112.5% |
% Asian | 2.2% | 0.0% |
% Foreign Born | 2.7% | 22.7% |
Mortgage and Risk — Howard, WI
According to HUD data as of 2023, there were 757 mortgage originations in Howard, WI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Howard, WI. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 757 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Howard, WI
As of 2024, the percent of homes in Howard, WI under the Section 8 program is 6.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Howard, WI, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 164 |
Total Units Section 8 | 164 |
% Rentals under Section 8 | 6.6% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $91 | $899 | $990 |
| 2 Bedroom | $0 | $1,240 | $1,240 |
| 3 Bedroom | -$110 | $1,750 | $1,640 |
| 4 Bedroom | -$320 | $2,000 | $1,680 |
Affordability — Howard, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $399,000 |
| Median Household Income | $108,000 |