Wisconsin Rapids, WI—54495
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Wisconsin Rapids, WI
Home Price Trends — Wisconsin Rapids, WI
As of Oct '25, the median home price in Wisconsin Rapids, WI is $170,000, with a year-over-year change of 10.4%. This indicates that home prices in Wisconsin Rapids, WI are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $170,000 | 10.4% |
| Single Family | $170,000 | 10.4% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wisconsin Rapids, WI
As of July '25, Rentcast reports the average rent in Wisconsin Rapids, WI is $1,030, with a year-over-year rent change of -12.7%. Per bedroom, the median rent as of July '25 in Wisconsin Rapids, WI is 1-bedrooms: $787, 2-bedrooms: $985, 3-bedrooms: $1,750. The most common rental property sizes in Wisconsin Rapids, WI are 2-bedroom and 1-bedroom, accounting for 40.9% and 34.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $899 | $1,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $745 | $787 |
| 2 Bed Rent | $899 | $985 |
| 3 Bed Rent | $1,000 | $1,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wisconsin Rapids, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Wisconsin Rapids, WI is 60. This is a increase of 29.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $183,000 | 1.0% |
Listing Count | 24 | 29.0% |
| Listings as % of Homes | 0.3% | 29.0% |
Days on Market | 60 | 29.0% |
Demographics — Wisconsin Rapids, WI
As of the latest ACS Survey released in 2023, Wisconsin Rapids, WI has a population of 7,860, which has increased by 3.2% over the past 5 years. Wisconsin Rapids, WI is a moderately popular place for families, as children make up 24.9% of the population. The area has a poorly educated workforce, with 12.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,860 | 3.2% |
% Under 18 | 24.9% | 16.4% |
% Seniors | 16.0% | -1.8% |
% WFH | 6.0% | 50.0% |
% w/ College Degree | 12.4% | 0.0% |
As of the latest ACS Survey released in 2023, Wisconsin Rapids, WI is a predominantly white area, with 84.0% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Wisconsin Rapids, WI is hispanic, making up 7.1% of the population. Foreign-born residents account for 2.8% of the population in Wisconsin Rapids, WI, and this percentage has increased by 86.7% 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 | 84.0% | -5.6% |
% Black | 1.0% | -33.3% |
% Hispanic | 7.1% | 57.8% |
% Asian | 3.6% | 125.0% |
% Foreign Born | 2.8% | 86.7% |
Mortgage and Risk — Wisconsin Rapids, WI
According to HUD data as of 2023, there were 102 mortgage originations in Wisconsin Rapids, WI, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Wisconsin Rapids, WI. Investor activity is low, as 5.0% 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 | 102 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Wisconsin Rapids, WI
Wisconsin Rapids, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 254 |
Total Units Section 8 | 152 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$15 | $745 | $730 |
| 2 Bedroom | $61 | $899 | $960 |
| 3 Bedroom | $230 | $1,000 | $1,230 |
| 4 Bedroom | N/A | N/A | $1,270 |
Affordability — Wisconsin Rapids, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $170,000 |
| Median Household Income | $49,500 |