Richland County, Wisconsin Housing Market
In Richland County, Wisconsin, the median home value is $197,500, with a median monthly rent of $771. This places Richland County at #1428 nationally out of 3134 counties by median home value, and #53 within Wisconsin.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $958
- Establishments: 467
- BLS QCEW, 2025
Housing Supply
- Single-family: 86
- Multi-family: 6
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 6,967 (avg $68,209)
- Outflow: 6,602 (avg $68,096)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Richland County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 53581 | 261.6 | +25.44% | 2025 |
| 2 | 53556 | 248.1 | +4.63% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Richland County Compares
| Metric | Richland County | Wisconsin Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $197,500 | $234,086 | $227,706 |
| Median Gross Rent | $771 | $915 | $968 |
| Owner Occupancy Rate | 73.9% | 75.9% | 73.3% |
| Price/Rent Ratio | 21.3 | 21.2 | 18.7 |
Market Analysis
The median home value in Richland County is 15.6% below the Wisconsin state average and 13.3% below 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 21.3, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Richland County has an owner-occupancy rate of 73.9%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| St. Louis city | Missouri | $197,500 | $997 |
| Woodford County | Illinois | $197,600 | $912 |
| Wells County | Indiana | $197,600 | $813 |
| Phillips County | Montana | $197,600 | $536 |
| Saline County | Nebraska | $197,400 | $914 |
Other Counties in Wisconsin
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Taylor County | $197,100 | $823 | 79.7% |
| Jackson County | $196,100 | $787 | 80.1% |
| Lafayette County | $194,500 | $830 | 80.2% |
| Grant County | $200,700 | $813 | 69.8% |
| Adams County | $200,800 | $828 | 86.2% |
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).