Vernon County, Wisconsin Housing Market

In Vernon County, Wisconsin, the median home value is $223,800, with a median monthly rent of $836. This places Vernon County at #1141 nationally out of 3134 counties by median home value, and #37 within Wisconsin.

Median Home Value $223,800
Median Rent $836/mo
Owner Occupancy 80.3%
Price/Rent Ratio 22.3

📈 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 Vernon County rose +3.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,088
jobs (private sector)
  • Avg weekly wage: $965
  • Establishments: 756
  • BLS QCEW, 2025
🏗️

Housing Supply

76
new units authorized (2025)
  • Single-family: 68
  • Multi-family: 8
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+513
net migration (filers, 2021-2022)
  • Inflow: 12,108 (avg $68,304)
  • Outflow: 11,595 (avg $67,723)
  • IRS Statistics of Income

How Vernon County Compares

MetricVernon CountyWisconsin AverageU.S. Average
Median Home Value $223,800 $234,086 $227,706
Median Gross Rent $836 $915 $968
Owner Occupancy Rate 80.3% 75.9% 73.3%
Price/Rent Ratio 22.3 21.2 18.7

Market Analysis

The median home value in Vernon County is 4.4% below the Wisconsin state average and 1.7% below the U.S. national average. The median rent of $836/month is 8.6% below the state average.

With a price-to-rent ratio of 22.3, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Vernon County has an owner-occupancy rate of 80.3%, 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
Elmore County Alabama $223,900 $1,071
Platte County Nebraska $223,900 $897
Mills County Texas $223,700 $708
Marion County Indiana $224,000 $1,153
Hickman County Tennessee $224,100 $893

Other Counties in Wisconsin

CountyMedian Home ValueMedian RentOwner Occ.
Fond du Lac County $222,800 $960 70.7%
Kewaunee County $222,200 $847 86.5%
Winnebago County $225,800 $965 65.8%
Washburn County $226,100 $795 82.2%
Marathon County $219,600 $999 73.3%

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).