Elderon, WI—54499
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Elderon, WI
As of Oct '25, the median home price in Elderon, WI is $246,000, with a year-over-year change of 8.5%. This indicates that home prices in Elderon, WI are increasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $246,000 | 8.5% |
| Single Family | $247,000 | 8.3% |
| 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 — Elderon, WI
As of July '25, Rentcast reports the average rent in Elderon, WI is $665, with a year-over-year rent change of 26.7%. Per bedroom, the median rent as of July '25 in Elderon, WI is 1-bedrooms: $665. The most common rental property sizes in Elderon, WI are 2-bedroom and 1-bedroom, accounting for 43.9% and 22.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $725 | $665 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $725 | $665 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Elderon, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Elderon, WI is 78. This is a increase of 25.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $258,000 | -24.0% |
Listing Count | 7 | 94.0% |
| Listings as % of Homes | 0.4% | 94.0% |
Days on Market | 78 | 25.0% |
Demographics — Elderon, WI
As of the latest ACS Survey released in 2023, Elderon, WI has a population of 2,880, which has decreased by -3.1% over the past 5 years. Elderon, WI is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,880 | -3.1% |
% Under 18 | 20.7% | -5.0% |
% Seniors | 21.9% | 3.8% |
% WFH | 8.4% | 42.4% |
% w/ College Degree | 15.2% | -5.6% |
As of the latest ACS Survey released in 2023, Elderon, WI is a predominantly white area, with 88.4% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Elderon, WI is black, making up 1.8% of the population. Foreign-born residents account for 1.4% of the population in Elderon, WI, and this percentage has decreased by 51.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.4% | 0.0% |
% Black | 1.8% | 200.0% |
% Hispanic | 1.7% | -56.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.4% | -51.7% |
Mortgage and Risk — Elderon, WI
According to HUD data as of 2023, there were 122 mortgage originations in Elderon, WI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Elderon, WI. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 122 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Elderon, WI
Elderon, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 2.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $25 | $725 | $750 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Elderon, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $246,000 |
| Median Household Income | $65,000 |