Platteville, WI 53818 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Platteville, WI—53818

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$250,000

5.2% YoY Growth

Household Income

$55,600

11.5% YoY Growth

Days on Market

46.0% Shorter YoY

Home Price Forecast

2.9%

Median Rent

$900

3.2% YoY Growth

1-Bed Rent

$895

1.8% YoY Growth

2-Bed Rent

$1,000

6.6% YoY Growth

3-Bed Rent

$1,300

39.5% YoY Growth

Home Price Trends — Platteville, WI

As of Dec '25, the median home price in Platteville, WI is $250,000, with a year-over-year change of 5.2%. This indicates that home prices in Platteville, WI are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$250,000	5.2%
Single Family	$249,000	5.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Platteville, WI

As of July '25, Rentcast reports the average rent in Platteville, WI is $998, with a year-over-year rent change of 3.2%. Per bedroom, the median rent as of July '25 in Platteville, WI is 1-bedrooms: $803, 2-bedrooms: $906, 3-bedrooms: $1,360, 4-bedrooms: $1,650. The most common rental property sizes in Platteville, WI are 2-bedroom and 1-bedroom, accounting for 39.6% and 20.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$900	$998
Studio Rent	N/A	N/A
1 Bed Rent	$895	$803
2 Bed Rent	$1,000	$906
3 Bed Rent	$1,300	$1,360
4 Bed Rent	$1,400	$1,650

Loading chart...

% of Rental Stock

Studio

5.7%

1 Bedroom

20.5%

2 Bedrooms

39.6%

3 Bedrooms

12.9%

4 Bedrooms

19.5%

5+ Bedrooms

1.8%

Property Listings — Platteville, WI

As of Dec '25, Realtor.com reports that the median days on market for a home in Platteville, WI is 47. This is a decrease of -40.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$299,000	-20.0%
Listing Count	20	-12.0%
Listings as % of Homes	0.3%	-12.0%
Days on Market	53	-46.0%

Loading chart...

Demographics — Platteville, WI

As of the latest ACS Survey released in 2023, Platteville, WI has a population of 15,800, which has decreased by -2.8% over the past 5 years. Platteville, WI is a moderately popular place for families, as children make up 16.8% of the population. The area has a moderately educated workforce, with 38.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,800	-2.8%
% Under 18	16.8%	13.5%
% Seniors	12.8%	4.9%
% WFH	6.8%	51.1%
% w/ College Degree	38.7%	10.3%

Loading chart...

As of the latest ACS Survey released in 2023, Platteville, WI is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Platteville, WI is black, making up 3.7% of the population. Foreign-born residents account for 1.6% of the population in Platteville, WI, and this percentage has decreased by 46.7% 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	89.5%	-3.5%
% Black	3.7%	105.6%
% Hispanic	3.4%	61.9%
% Asian	2.0%	-9.1%
% Foreign Born	1.6%	-46.7%

Loading chart...

Mortgage and Risk — Platteville, WI

According to HUD data as of 2023, there were 128 mortgage originations in Platteville, WI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Platteville, WI. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	128
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	6.0%

Loading chart...

Rentals and Section 8 — Platteville, WI

As of 2024, the percent of homes in Platteville, WI under the Section 8 program is 8.1%. 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. 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Platteville, WI, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	221
Total Units Section 8	222
% Rentals under Section 8	8.1%
% Occupied Section 8	83.7%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$105	$895	$790
2 Bedroom	$20	$1,000	$1,020
3 Bedroom	-$10	$1,300	$1,290
4 Bedroom	$300	$1,400	$1,700

Platteville, WI—53818

Key Metrics at a Glance

Home Price Trends — Platteville, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Platteville, WI

% of Rental Stock

Property Listings — Platteville, WI

Demographics — Platteville, WI

Race and Ethnicity

Mortgage and Risk — Platteville, WI

Mortgages

Rentals and Section 8 — Platteville, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Platteville, WI

Home Price to Income Ratio

Platteville, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Cuba City, WI

Dickeyville

Rewey, WI

Livingston, WI

Stitzer, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$250,000
Median Household Income	$55,600

Platteville, WI—53818

Key Metrics at a Glance

Home Price Trends — Platteville, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Platteville, WI

% of Rental Stock

Property Listings — Platteville, WI

Demographics — Platteville, WI

Race and Ethnicity

Mortgage and Risk — Platteville, WI

Mortgages

Rentals and Section 8 — Platteville, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Platteville, WI

Home Price to Income Ratio

Platteville, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Cuba City, WI

Dickeyville

Rewey, WI

Livingston, WI

Stitzer, WI

Frequently Asked Questions

What is the average home price in Platteville, WI 53818?

How have home prices in Platteville, WI 53818 changed over the past year?

What is the home price projection for Platteville, WI 53818?

What are the demographics of Platteville, WI 53818?

How long does it take homes to sell in Platteville, WI 53818?

What is the average rent price in Platteville, WI 53818?