New Glarus, WI53574

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$436,000
6.3% YoY Growth
Household Income
$103,000
32.3% YoY Growth
Days on Market
51
15.0% Longer YoY
Home Price Forecast
2.6%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — New Glarus, WI

As of Nov '25, Realtor.com reports that the median days on market for a home in New Glarus, WI is 51. This is a increase of 15.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$445,000-4.0%
Listing Count
2069.0%
Listings as % of Homes0.5%69.0%
Days on Market
5115.0%
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Demographics — New Glarus, WI

As of the latest ACS Survey released in 2023, New Glarus, WI has a population of 4,120, which has increased by 6.5% over the past 5 years. New Glarus, WI is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 41.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,1206.5%
% Under 18
23.7%-3.7%
% Seniors
18.7%12.7%
% WFH
11.6%103.5%
% w/ College Degree
41.0%11.4%
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As of the latest ACS Survey released in 2023, New Glarus, WI is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in New Glarus, WI is hispanic, making up 2.1% of the population. Foreign-born residents account for 3.0% of the population in New Glarus, WI, and this percentage has increased by 25.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.6%-1.6%
% Black
0.1%-50.0%
% Hispanic
2.1%-12.5%
% Asian
0.7%40.0%
% Foreign Born
3.0%25.0%
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Mortgage and Risk — New Glarus, WI

According to HUD data as of 2023, there were 156 mortgage originations in New Glarus, WI, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in New Glarus, WI. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
156
% Conventional Loans
94.0%
% Government Loans
6.0%
% Investor Loans
4.0%
% Second Loans
3.0%
% Cash Out Refinance
8.0%
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Rentals and Section 8 — New Glarus, WI

New Glarus, WI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,070
2 BedroomN/AN/A$1,240
3 BedroomN/AN/A$1,630
4 BedroomN/AN/A$1,790

Affordability — New Glarus, WI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.5
Median Home Price$436,000
Median Household Income$103,000

New Glarus, WI — ZIP Code Boundary Map

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Frequently Asked Questions