Vesper, WI 54489 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Vesper, WI—54489

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$231,000

10.0% YoY Growth

Household Income

$61,800

1.2% YoY Growth

Days on Market

49.0% Shorter YoY

Home Price Forecast

5.1%

Median Rent

$1,020

17.1% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,020

N/A

3-Bed Rent

N/A

Home Price Trends — Vesper, WI

As of Nov '25, the median home price in Vesper, WI is $231,000, with a year-over-year change of 10.0%. This indicates that home prices in Vesper, WI are increasing. According to Zillow, the 1-year price projection is 5.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$231,000	10.0%
Single Family	$231,000	11.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Vesper, WI

As of July '25, Rentcast reports the average rent in Vesper, WI is $1,160, with a year-over-year rent change of -17.1%. Per bedroom, the median rent as of July '25 in Vesper, WI is 2-bedrooms: $1,160. The most common rental property sizes in Vesper, WI are 2-bedroom and 3-bedroom, accounting for 57.4% and 31.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,020	$1,160
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,020	$1,160
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

2.8%

2 Bedrooms

57.4%

3 Bedrooms

31.5%

4 Bedrooms

8.3%

Property Listings — Vesper, WI

As of Nov '25, Realtor.com reports that the median days on market for a home in Vesper, WI is 65. This is a decrease of -49.0% 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	$495,000	119.0%
Listing Count	4	86.0%
Listings as % of Homes	0.3%	86.0%
Days on Market	65	-49.0%

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Demographics — Vesper, WI

As of the latest ACS Survey released in 2023, Vesper, WI has a population of 1,380, which has decreased by -12.9% over the past 5 years. Vesper, WI is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,380	-12.9%
% Under 18	23.0%	-4.2%
% Seniors	22.7%	20.1%
% WFH	5.6%	93.1%
% w/ College Degree	16.4%	16.3%

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As of the latest ACS Survey released in 2023, Vesper, WI is a predominantly white area, with 89.9% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Vesper, WI is hispanic, making up 3.0% of the population. Foreign-born residents account for 1.4% of the population in Vesper, WI, and this percentage has increased by 366.7% 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	89.9%	-6.1%
% Black	0.0%	-100.0%
% Hispanic	3.0%	233.3%
% Asian	0.0%	-100.0%
% Foreign Born	1.4%	366.7%

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Mortgage and Risk — Vesper, WI

According to HUD data as of 2023, there were 48 mortgage originations in Vesper, WI, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Vesper, WI. Investor activity is low, as 2.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	48
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	23.0%

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Rentals and Section 8 — Vesper, WI

Vesper, WI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

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

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$830
2 Bedroom	$70	$1,020	$1,090
3 Bedroom	N/A	N/A	$1,400
4 Bedroom	N/A	N/A	$1,450

Vesper, WI—54489

Key Metrics at a Glance

Home Price Trends — Vesper, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Vesper, WI

% of Rental Stock

Property Listings — Vesper, WI

Demographics — Vesper, WI

Race and Ethnicity

Mortgage and Risk — Vesper, WI

Mortgages

Rentals and Section 8 — Vesper, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Vesper, WI

Home Price to Income Ratio

Vesper, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Wisconsin Rapids, WI

Arpin, WI

Port Edwards, WI

Milladore, WI

Hewitt, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$231,000
Median Household Income	$61,800

Vesper, WI—54489

Key Metrics at a Glance

Home Price Trends — Vesper, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Vesper, WI

% of Rental Stock

Property Listings — Vesper, WI

Demographics — Vesper, WI

Race and Ethnicity

Mortgage and Risk — Vesper, WI

Mortgages

Rentals and Section 8 — Vesper, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Vesper, WI

Home Price to Income Ratio

Vesper, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Wisconsin Rapids, WI

Arpin, WI

Port Edwards, WI

Milladore, WI

Hewitt, WI

Frequently Asked Questions

What is the average home price in Vesper, WI 54489?

How have home prices in Vesper, WI 54489 changed over the past year?

What is the home price projection for Vesper, WI 54489?

What are the demographics of Vesper, WI 54489?

How long does it take homes to sell in Vesper, WI 54489?

What is the average rent price in Vesper, WI 54489?