Belgium, WI—53004
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Belgium, WI
As of Nov '25, the median home price in Belgium, WI is $369,000, with a year-over-year change of 2.6%. This indicates that home prices in Belgium, 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 | $369,000 | 2.6% |
| Single Family | $382,000 | 2.7% |
| Condos | $276,000 | 3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $277,000 | 3.0% |
3 Bed | $355,000 | 3.8% |
4 Bed | $381,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Belgium, WI
As of July '25, Rentcast reports the average rent in Belgium, WI is $1,040, with a year-over-year rent change of -8.8%. Per bedroom, the median rent as of July '25 in Belgium, WI is studios: $1,300, 2-bedrooms: $775. The most common rental property sizes in Belgium, WI are 1-bedroom and 2-bedroom, accounting for 35.4% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $775 | $1,040 |
| Studio Rent | $1,300 | $1,300 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $775 | $775 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Belgium, WI
As of Nov '25, Realtor.com reports that the median days on market for a home in Belgium, WI is 30. This is a decrease of -36.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $375,000 | -14.0% |
Listing Count | 12 | -11.0% |
| Listings as % of Homes | 0.7% | -11.0% |
Days on Market | 30 | -36.0% |
Demographics — Belgium, WI
As of the latest ACS Survey released in 2023, Belgium, WI has a population of 3,550, which has increased by 6.0% over the past 5 years. Belgium, WI is a less popular place for families, as children make up 13.6% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,550 | 6.0% |
% Under 18 | 13.6% | -40.6% |
% Seniors | 23.4% | 73.3% |
% WFH | 7.7% | 6.9% |
% w/ College Degree | 25.0% | -15.5% |
As of the latest ACS Survey released in 2023, Belgium, WI is a predominantly white area, with 94.6% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Belgium, WI is hispanic, making up 2.9% of the population. Foreign-born residents account for 4.0% of the population in Belgium, WI, and this percentage has increased by 122.2% 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 | 94.6% | 2.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.9% | 16.0% |
% Asian | 0.7% | -72.0% |
% Foreign Born | 4.0% | 122.2% |
Mortgage and Risk — Belgium, WI
According to HUD data as of 2023, there were 83 mortgage originations in Belgium, WI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Belgium, WI. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 83 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Rentals and Section 8 — Belgium, WI
Belgium, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | $325 | $775 | $1,100 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Belgium, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $369,000 |
| Median Household Income | $84,800 |