Chippewa Falls, WI—54729
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chippewa Falls, WI
As of Nov '25, the median home price in Chippewa Falls, WI is $325,000, with a year-over-year change of 3.5%. This indicates that home prices in Chippewa Falls, WI are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $325,000 | 3.5% |
| Single Family | $330,000 | 3.1% |
| Condos | $228,000 | -1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $236,000 | 1.7% |
3 Bed | $312,000 | 2.6% |
4 Bed | $392,000 | 2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chippewa Falls, WI
As of July '25, Rentcast reports the average rent in Chippewa Falls, WI is $1,180, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Chippewa Falls, WI is 1-bedrooms: $803, 2-bedrooms: $1,210, 3-bedrooms: $1,480, 4-bedrooms: $2,420. The most common rental property sizes in Chippewa Falls, WI are 2-bedroom and 3-bedroom, accounting for 54.1% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $803 |
| 2 Bed Rent | $1,250 | $1,210 |
| 3 Bed Rent | $1,480 | $1,480 |
| 4 Bed Rent | $2,420 | $2,420 |
% of Rental Stock
Property Listings — Chippewa Falls, WI
As of Nov '25, Realtor.com reports that the median days on market for a home in Chippewa Falls, WI is 78. This is a increase of 37.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | -5.0% |
Listing Count | 110 | 17.0% |
| Listings as % of Homes | 0.5% | 17.0% |
Days on Market | 78 | 37.0% |
Demographics — Chippewa Falls, WI
As of the latest ACS Survey released in 2023, Chippewa Falls, WI has a population of 34,900, which has increased by 7.9% over the past 5 years. Chippewa Falls, WI is a moderately popular place for families, as children make up 20.4% of the population. The area has a moderately educated workforce, with 29.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,900 | 7.9% |
% Under 18 | 20.4% | -8.9% |
% Seniors | 19.1% | 13.7% |
% WFH | 10.7% | 98.1% |
% w/ College Degree | 29.7% | 23.8% |
As of the latest ACS Survey released in 2023, Chippewa Falls, WI is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Chippewa Falls, WI is asian, making up 1.8% of the population. Foreign-born residents account for 2.1% of the population in Chippewa Falls, WI, and this percentage has increased by 133.3% 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 | 92.6% | -1.8% |
% Black | 1.4% | 40.0% |
% Hispanic | 1.6% | 33.3% |
% Asian | 1.8% | 38.5% |
% Foreign Born | 2.1% | 133.3% |
Mortgage and Risk — Chippewa Falls, WI
According to HUD data as of 2023, there were 743 mortgage originations in Chippewa Falls, WI, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Chippewa Falls, 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 | 743 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Rentals and Section 8 — Chippewa Falls, WI
As of 2024, the percent of homes in Chippewa Falls, WI under the Section 8 program is 14.5%. 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 units appear to be good home sizes to consider for Section 8 housing in Chippewa Falls, WI, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 618 |
Total Units Section 8 | 618 |
% Rentals under Section 8 | 14.5% |
% Occupied Section 8 | 84.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $750 | $930 |
| 2 Bedroom | -$110 | $1,250 | $1,140 |
| 3 Bedroom | $90 | $1,480 | $1,570 |
| 4 Bedroom | -$770 | $2,420 | $1,650 |
Affordability — Chippewa Falls, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $325,000 |
| Median Household Income | $76,600 |