Washburn County, Wisconsin Housing Market
In Washburn County, Wisconsin, the median home value is $226,100, with a median monthly rent of $795. This places Washburn County at #1119 nationally out of 3134 counties by median home value, and #35 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: $902
- Establishments: 547
- BLS QCEW, 2025
Housing Supply
- Single-family: 127
- Multi-family: 18
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,817 (avg $76,151)
- Outflow: 7,274 (avg $75,001)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Washburn County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 54888 | 248.1 | +13.46% | 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 Washburn County Compares
| Metric | Washburn County | Wisconsin Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $226,100 | $234,086 | $227,706 |
| Median Gross Rent | $795 | $915 | $968 |
| Owner Occupancy Rate | 82.2% | 75.9% | 73.3% |
| Price/Rent Ratio | 23.7 | 21.2 | 18.7 |
Market Analysis
The median home value in Washburn County is 3.4% below the Wisconsin state average and 0.7% below the U.S. national average. The median rent of $795/month is 13.1% below the state average.
With a price-to-rent ratio of 23.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Washburn County has an owner-occupancy rate of 82.2%, 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 |
|---|---|---|---|
| Washington County | Colorado | $226,200 | $947 |
| Jeff Davis County | Texas | $226,200 | $1,241 |
| St. Clair County | Alabama | $226,300 | $1,084 |
| Yankton County | South Dakota | $225,900 | $781 |
| Franklin County | Texas | $226,300 | $936 |
Other Counties in Wisconsin
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Winnebago County | $225,800 | $965 | 65.8% |
| Vernon County | $223,800 | $836 | 80.3% |
| Fond du Lac County | $222,800 | $960 | 70.7% |
| Kewaunee County | $222,200 | $847 | 86.5% |
| Milwaukee County | $230,700 | $1,101 | 49.9% |
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).