Whitewater, WI—53190
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Whitewater, WI
As of Oct '25, the median home price in Whitewater, WI is $350,000, with a year-over-year change of 3.3%. This indicates that home prices in Whitewater, 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 | $350,000 | 3.3% |
| Single Family | $358,000 | 4.1% |
| Condos | $271,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $262,000 | 4.4% |
3 Bed | $346,000 | 4.2% |
4 Bed | $389,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Whitewater, WI
As of July '25, Rentcast reports the average rent in Whitewater, WI is $1,080, with a year-over-year rent change of -18.8%. Per bedroom, the median rent as of July '25 in Whitewater, WI is studios: $725, 1-bedrooms: $832, 2-bedrooms: $1,040, 3-bedrooms: $1,190, 4-bedrooms: $1,260. The most common rental property sizes in Whitewater, WI are 2-bedroom and 1-bedroom, accounting for 45.6% and 17.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $899 | $1,080 |
| Studio Rent | $700 | $725 |
| 1 Bed Rent | $805 | $832 |
| 2 Bed Rent | $1,130 | $1,040 |
| 3 Bed Rent | $1,100 | $1,190 |
| 4 Bed Rent | $747 | $1,260 |
% of Rental Stock
Property Listings — Whitewater, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Whitewater, WI is 42. This is a decrease of -18.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $382,000 | 9.0% |
Listing Count | 55 | 20.0% |
| Listings as % of Homes | 0.3% | 20.0% |
Days on Market | 42 | -18.0% |
Demographics — Whitewater, WI
As of the latest ACS Survey released in 2023, Whitewater, WI has a population of 20,500, which has increased by 6.1% over the past 5 years. Whitewater, WI is a less popular place for families, as children make up 14.6% of the population. The area has a moderately educated workforce, with 34.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,500 | 6.1% |
% Under 18 | 14.6% | 17.7% |
% Seniors | 11.5% | 3.6% |
% WFH | 9.4% | 154.1% |
% w/ College Degree | 34.6% | 4.2% |
As of the latest ACS Survey released in 2023, Whitewater, WI is a predominantly white area, with 82.6% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Whitewater, WI is hispanic, making up 9.8% of the population. Foreign-born residents account for 7.3% of the population in Whitewater, WI, and this percentage has increased by 28.1% 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 | 82.6% | -0.5% |
% Black | 3.4% | 6.2% |
% Hispanic | 9.8% | 1.0% |
% Asian | 1.8% | -18.2% |
% Foreign Born | 7.3% | 28.1% |
Mortgage and Risk — Whitewater, WI
According to HUD data as of 2023, there were 290 mortgage originations in Whitewater, WI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Whitewater, WI. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 290 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Whitewater, WI
As of 2024, the percent of homes in Whitewater, WI under the Section 8 program is 6.3%. 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 and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Whitewater, WI, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 311 |
Total Units Section 8 | 311 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 86.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $5 | $805 | $810 |
| 2 Bedroom | -$70 | $1,130 | $1,060 |
| 3 Bedroom | $250 | $1,100 | $1,350 |
| 4 Bedroom | $863 | $747 | $1,610 |
Affordability — Whitewater, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $350,000 |
| Median Household Income | $59,600 |