Waupaca, WI54981

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$306,000
4.6% YoY Growth
Median Household Income
$76,800
26.7% 5-Year Growth
Days on Market
49
12.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$975
9.3% YoY Growth
1-Bed Rent
$850
19.3% YoY Growth
2-Bed Rent
$975
7.4% YoY Growth
3-Bed Rent
$1,500
N/A

Property Listings — Waupaca, WI

As of Oct '25, Realtor.com reports that the median days on market for a home in Waupaca, WI is 49. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$390,00017.0%
Listing Count
55-1.0%
Listings as % of Homes0.4%-1.0%
Days on Market
49-12.0%
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Demographics — Waupaca, WI

As of the latest ACS Survey released in 2023, Waupaca, WI has a population of 15,100, which has decreased by -1.2% over the past 5 years. Waupaca, WI is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
15,100-1.2%
% Under 18
19.2%8.5%
% Seniors
23.3%-3.3%
% WFH
8.7%93.3%
% w/ College Degree
28.1%18.6%
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As of the latest ACS Survey released in 2023, Waupaca, WI is a predominantly white area, with 92.2% 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 Waupaca, WI is hispanic, making up 4.2% of the population. Foreign-born residents account for 1.2% of the population in Waupaca, WI, and this percentage has decreased by 50.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.2%-2.3%
% Black
1.1%22.2%
% Hispanic
4.2%35.5%
% Asian
0.7%75.0%
% Foreign Born
1.2%-50.0%
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Mortgage and Risk — Waupaca, WI

According to HUD data as of 2023, there were 265 mortgage originations in Waupaca, WI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Waupaca, WI. Investor activity is low, as 4.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
265
% Conventional Loans
86.0%
% Government Loans
14.0%
% Investor Loans
4.0%
% Second Loans
5.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Waupaca, WI

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

Section 8 Market Size

Total Units under HUD
107
Total Units Section 8
107
% Rentals under Section 8
N/A
% Occupied Section 8
86.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$80$850$770
2 Bedroom-$45$975$930
3 Bedroom-$270$1,500$1,230
4 BedroomN/AN/A$1,280

Affordability — Waupaca, WI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$306,000
Median Household Income$76,800

Waupaca, WI — ZIP Code Boundary Map

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Frequently Asked Questions