Combined Locks, WI—54113
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Combined Locks, WI
As of Oct '25, the median home price in Combined Locks, WI is $336,000, with a year-over-year change of 5.6%. This indicates that home prices in Combined Locks, 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 | $336,000 | 5.6% |
| Single Family | $336,000 | 6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $321,000 | 6.3% |
4 Bed | $422,000 | 5.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Combined Locks, WI
As of July '25, Rentcast reports the average rent in Combined Locks, WI is $1,180, with a year-over-year rent change of 13.5%. Per bedroom, the median rent as of July '25 in Combined Locks, WI is 2-bedrooms: $1,180. The most common rental property sizes in Combined Locks, WI are 2-bedroom and 4-bedroom, accounting for 52.4% and 21.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,180 | $1,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,180 | $1,180 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Combined Locks, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Combined Locks, WI is 24. This is a decrease of -67.0% 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 | $297,000 | -45.0% |
Listing Count | 11 | -28.0% |
| Listings as % of Homes | 0.2% | -28.0% |
Days on Market | 24 | -67.0% |
Demographics — Combined Locks, WI
As of the latest ACS Survey released in 2023, Combined Locks, WI has a population of 3,630, which has increased by 1.8% over the past 5 years. Combined Locks, WI is a moderately popular place for families, as children make up 20.9% of the population. The area has a moderately educated workforce, with 31.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,630 | 1.8% |
% Under 18 | 20.9% | -21.7% |
% Seniors | 21.1% | 11.6% |
% WFH | 5.3% | 76.7% |
% w/ College Degree | 31.4% | 23.6% |
As of the latest ACS Survey released in 2023, Combined Locks, WI is a predominantly white area, with 87.7% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Combined Locks, WI is black, making up 4.5% of the population. Foreign-born residents account for 2.1% of the population in Combined Locks, WI, and this percentage has increased by 61.5% 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 | 87.7% | -8.5% |
% Black | 4.5% | ∞% |
% Hispanic | 4.5% | 66.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.1% | 61.5% |
Mortgage and Risk — Combined Locks, WI
According to HUD data as of 2023, there were 142 mortgage originations in Combined Locks, WI, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Combined Locks, WI. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 142 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Combined Locks, WI
Combined Locks, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | -$40 | $1,180 | $1,140 |
| 3 Bedroom | N/A | N/A | $1,580 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Combined Locks, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $336,000 |
| Median Household Income | $89,300 |