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Counties with the lowest home prices in Wisconsin

Written by:
June 8, 2021
Arina P Habich // Shutterstock

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Counties with the lowest home prices in Wisconsin

The real estate market is booming right now thanks to low interest rates, a flood of millennial buyers, and shrinking inventory. The median cost of a home has increased 20% year over year, hitting $347,500, according to a report released in April 2020 by real estate listing website Redfin. These high asking costs—while good for sellers—are pricing many buyers out of the market entirely.

But all things are not equal when it comes to real estate in the United States.

Credible used 2021 data calculated by the National Association of REALTORS to compile a list of counties with the lowest median home values and monthly mortgage payments in Wisconsin. Counties were ranked by the monthly mortgage payment for a typical home in 2020, from lowest to highest. Ties were broken by median home values in 2020.

The National Association of REALTORS calculated the fourth quarter 2020 median home values by applying the Federal Housing Finance Agency's House Price Index growth to 2019 housing and population data from the American Community Survey and determining an estimate of 2020 median home values for all counties where data is available. The monthly mortgage payments for fourth quarter 2019 and fourth quarter 2020 were calculated for a 30-year fixed-rate mortgage with a 10% down payment.

Keep reading to discover which county in Wisconsin has the lowest home prices.

#30. Marquette County

- Monthly mortgage payment in 2020: $606 (8.2% less than 2019)
- Monthly mortgage payment in 2019: $660
- Median home value in 2020: $163,500
- Ranked #1,968 out of 3,120 counties nationwide

#29. Monroe County

- Monthly mortgage payment in 2020: $604 (7.9% less than 2019)
- Monthly mortgage payment in 2019: $656
- Median home value in 2020: $163,200
- Ranked #1,962 out of 3,120 counties nationwide

#28. Barron County

- Monthly mortgage payment in 2020: $597 (9.4% less than 2019)
- Monthly mortgage payment in 2019: $659
- Median home value in 2020: $161,300
- Ranked #1,929 out of 3,120 counties nationwide

#27. Pepin County

- Monthly mortgage payment in 2020: $591 (9.5% less than 2019)
- Monthly mortgage payment in 2019: $653
- Median home value in 2020: $159,600
- Ranked #1,909 out of 3,120 counties nationwide

#26. Waupaca County

- Monthly mortgage payment in 2020: $584 (8.6% less than 2019)
- Monthly mortgage payment in 2019: $639
- Median home value in 2020: $157,800
- Ranked #1,886 out of 3,120 counties nationwide

#25. Grant County

- Monthly mortgage payment in 2020: $576 (8.9% less than 2019)
- Monthly mortgage payment in 2019: $632
- Median home value in 2020: $155,500
- Ranked #1,856 out of 3,120 counties nationwide

#24. Green Lake County

- Monthly mortgage payment in 2020: $572 (8.6% less than 2019)
- Monthly mortgage payment in 2019: $626
- Median home value in 2020: $154,400
- Ranked #1,839 out of 3,120 counties nationwide

#23. Waushara County

- Monthly mortgage payment in 2020: $570 (9.2% less than 2019)
- Monthly mortgage payment in 2019: $628
- Median home value in 2020: $153,800
- Ranked #1,831 out of 3,120 counties nationwide

#22. Douglas County

- Monthly mortgage payment in 2020: $568 (9.6% less than 2019)
- Monthly mortgage payment in 2019: $628
- Median home value in 2020: $153,400
- Ranked #1,822 out of 3,120 counties nationwide

#21. Manitowoc County

- Monthly mortgage payment in 2020: $547 (4.0% less than 2019)
- Monthly mortgage payment in 2019: $570
- Median home value in 2020: $147,700
- Ranked #1,743 out of 3,120 counties nationwide

#20. Lafayette County

- Monthly mortgage payment in 2020: $546 (7.6% less than 2019)
- Monthly mortgage payment in 2019: $591
- Median home value in 2020: $147,400
- Ranked #1,737 out of 3,120 counties nationwide

#19. Richland County

- Monthly mortgage payment in 2020: $545 (9.2% less than 2019)
- Monthly mortgage payment in 2019: $600
- Median home value in 2020: $147,300
- Ranked #1,733 out of 3,120 counties nationwide

#18. Lincoln County

- Monthly mortgage payment in 2020: $545 (11.2% less than 2019)
- Monthly mortgage payment in 2019: $614
- Median home value in 2020: $147,100
- Ranked #1,730 out of 3,120 counties nationwide

#17. Taylor County

- Monthly mortgage payment in 2020: $537 (7.3% less than 2019)
- Monthly mortgage payment in 2019: $579
- Median home value in 2020: $145,100
- Ranked #1,696 out of 3,120 counties nationwide

#16. Shawano County

- Monthly mortgage payment in 2020: $533 (11.0% less than 2019)
- Monthly mortgage payment in 2019: $599
- Median home value in 2020: $143,900
- Ranked #1,679 out of 3,120 counties nationwide

#15. Jackson County

- Monthly mortgage payment in 2020: $530 (9.4% less than 2019)
- Monthly mortgage payment in 2019: $585
- Median home value in 2020: $143,100
- Ranked #1,660 out of 3,120 counties nationwide

#14. Crawford County

- Monthly mortgage payment in 2020: $523 (9.0% less than 2019)
- Monthly mortgage payment in 2019: $575
- Median home value in 2020: $141,300
- Ranked #1,629 out of 3,120 counties nationwide

#13. Forest County

- Monthly mortgage payment in 2020: $516 (9.6% less than 2019)
- Monthly mortgage payment in 2019: $571
- Median home value in 2020: $139,300
- Ranked #1,592 out of 3,120 counties nationwide

#12. Adams County

- Monthly mortgage payment in 2020: $511 (6.9% less than 2019)
- Monthly mortgage payment in 2019: $549
- Median home value in 2020: $138,000
- Ranked #1,571 out of 3,120 counties nationwide

#11. Wood County

- Monthly mortgage payment in 2020: $511 (10.0% less than 2019)
- Monthly mortgage payment in 2019: $568
- Median home value in 2020: $137,900
- Ranked #1,567 out of 3,120 counties nationwide

#10. Florence County

- Monthly mortgage payment in 2020: $505 (12.0% less than 2019)
- Monthly mortgage payment in 2019: $574
- Median home value in 2020: $136,500
- Ranked #1,545 out of 3,120 counties nationwide

#9. Clark County

- Monthly mortgage payment in 2020: $496 (6.8% less than 2019)
- Monthly mortgage payment in 2019: $532
- Median home value in 2020: $133,900
- Ranked #1,505 out of 3,120 counties nationwide

#8. Juneau County

- Monthly mortgage payment in 2020: $490 (10.1% less than 2019)
- Monthly mortgage payment in 2019: $545
- Median home value in 2020: $132,500
- Ranked #1,478 out of 3,120 counties nationwide

#7. Marinette County

- Monthly mortgage payment in 2020: $483 (6.0% less than 2019)
- Monthly mortgage payment in 2019: $514
- Median home value in 2020: $130,400
- Ranked #1,443 out of 3,120 counties nationwide

#6. Price County

- Monthly mortgage payment in 2020: $478 (11.2% less than 2019)
- Monthly mortgage payment in 2019: $538
- Median home value in 2020: $129,000
- Ranked #1,408 out of 3,120 counties nationwide

#5. Iron County

- Monthly mortgage payment in 2020: $464 (6.5% less than 2019)
- Monthly mortgage payment in 2019: $496
- Median home value in 2020: $125,300
- Ranked #1,339 out of 3,120 counties nationwide

#4. Langlade County

- Monthly mortgage payment in 2020: $444 (10.7% less than 2019)
- Monthly mortgage payment in 2019: $497
- Median home value in 2020: $119,900
- Ranked #1,191 out of 3,120 counties nationwide

#3. Rusk County

- Monthly mortgage payment in 2020: $442 (8.7% less than 2019)
- Monthly mortgage payment in 2019: $484
- Median home value in 2020: $119,400
- Ranked #1,179 out of 3,120 counties nationwide

#2. Ashland County

- Monthly mortgage payment in 2020: $441 (8.7% less than 2019)
- Monthly mortgage payment in 2019: $483
- Median home value in 2020: $119,100
- Ranked #1,169 out of 3,120 counties nationwide

#1. Menominee County

- Monthly mortgage payment in 2020: $397 (12.4% less than 2019)
- Monthly mortgage payment in 2019: $453
- Median home value in 2020: $107,200
- Ranked #889 out of 3,120 counties nationwide

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