Burnett County, Wisconsin Housing Market

In Burnett County, Wisconsin, the median home value is $231,300, with a median monthly rent of $771. This places Burnett County at #1069 nationally out of 3134 counties by median home value, and #33 within Wisconsin.

Median Home Value $231,300
Median Rent $771/mo
Owner Occupancy 85.9%
Price/Rent Ratio 25.0

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Burnett County rose +6.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,649
jobs (private sector)
  • Avg weekly wage: $928
  • Establishments: 428
  • BLS QCEW, 2025
🏗️

Housing Supply

143
new units authorized (2025)
  • Single-family: 141
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+506
net migration (filers, 2021-2022)
  • Inflow: 7,342 (avg $67,935)
  • Outflow: 6,836 (avg $66,231)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 9 active ZIP codes in Burnett County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 54830 290.9 -2.59% 2025
2 54893 282.7 +14.59% 2025
3 54871 259.1 -5.95% 2025
4 54872 287.5 +7.10% 2025
5 54859 302.6 +16.54% 2025
6 54840 265.9 +12.72% 2025
7 54837 261.4 +7.14% 2025
8 54853 267.4 +2.13% 2025
9 54801 236.3 -0.78% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Burnett County Compares

MetricBurnett CountyWisconsin AverageU.S. Average
Median Home Value $231,300 $234,086 $227,706
Median Gross Rent $771 $915 $968
Owner Occupancy Rate 85.9% 75.9% 73.3%
Price/Rent Ratio 25.0 21.2 18.7

Market Analysis

The median home value in Burnett County is 1.2% below the Wisconsin state average and 1.6% above the U.S. national average. The median rent of $771/month is 15.7% below the state average.

With a price-to-rent ratio of 25.0, Burnett County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Burnett County has an owner-occupancy rate of 85.9%, compared to 75.9% in Wisconsin and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Oconto County Wisconsin $231,400 $791
Richmond County Virginia $231,500 $1,067
Oglethorpe County Georgia $231,600 $913
Craven County North Carolina $231,600 $1,110
King and Queen County Virginia $231,600 $1,004

Other Counties in Wisconsin

CountyMedian Home ValueMedian RentOwner Occ.
Oconto County $231,400 $791 85.0%
Rock County $231,600 $1,037 71.2%
Milwaukee County $230,700 $1,101 49.9%
Dodge County $231,900 $988 71.3%
Sheboygan County $232,700 $934 71.5%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).