Home Value Trail

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State

Wisconsin

72 counties with an index · 29 metro and micro areas · 654 ZIP codes · 312 permit-issuing places · 5,972,787 residents (2025 est.)

FHFA quarterly index through 2026 Q2Annual index 1975–2025Permits through August 2026
FHFA all-transactions house price index for Wisconsin, quarterly from 1975 to 2026 Q2, with the national index rebased to the same start and NBER recessions shadedRecession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 2020020040060080019801990200020102020United States2026: 647
Wisconsin (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line is FHFA's standard quarterly all-transactions index; the comparison table uses FHFA's annual state index from the same family. The index does not give a dollar value for any home.

Wisconsin's FHFA house price index starts in 1975. Through 2025 it has risen +743.9%; over the ten years to 2025 the rise was +95.5% (+6.9% a year), above the national +85.0%.

The quarterly index through 2026 Q2 is +5.6% on a year earlier and +3.0% on the quarter; nationally +3.0% and +1.1%.

The index peaked in 2007, fell −13.7% to 2013 and regained the peak in 2018; the national index fell −21.3% over 2007–2012.

25,771 housing units were authorised in Wisconsin in the 12 months to August 2026, 4.3 per 1,000 residents against 4.1 nationally; that is +5.6% on the previous 12 months. 72 counties, 29 metro and micro areas, 654 ZIP codes and 312 permit-issuing places in the state have their own pages.

+5.6%year to 2026 Q2, quarterly indexUS +3.0%
+5.4%1 year, 2024–2025US +2.8%
+57.4%5 yearsUS +47.0%
+95.5%10 years+6.9% a year annualised
+143.0%since 2000US +158.3%
25,771units permitted, 12 months4.3 per 1,000 residents · US 4.1

Same span, state and nation

Change in the FHFA indexWisconsinUnited States
1 year (2024–2025)+5.4%+2.8%
5 years (2020–2025)+57.4%+47.0%
10 years (2015–2025)+95.5%+85.0%
20 years (2005–2025)+84.7%+79.1%
Since 2000+143.0%+158.3%
Since 1975+743.9%+960.7%
10-year annualised+6.9%+6.3%
20-year annualised+3.1%+3.0%

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+32.7%+68.2%
1990s (1990–2000)+63.0%+33.9%
2000s (2000–2010)+25.3%+29.7%
2010s (2010–2020)+23.2%+35.5%
2020s so far (2020–2025)+57.4%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20072013−13.7%2018
19801982−6.3%1983

Purchase-only index

FHFA also publishes a purchase-only index, built from sales prices alone (no refinance appraisals). It starts in 1991 and is drawn here on its own base.

FHFA purchase-only house price index for Wisconsin, quarterly, with the national purchase-only index rebased to the same startRecession 1990–91Recession 2001Recession 2007–09Recession 202001002003004005001995200020052010201520202025United States, purchase-only2026: 484
Wisconsin, purchase-only (100 = first year)United States, purchase-only, rebased to the same startNBER recession

Counties

Ranked by ten-year change in FHFA's annual county index to 2025. Permits are housing units authorised in the 12 months to August 2026.

County1 year10 yearsSince 2000Units, 12 monthsPer 1,000Index through
Adams County+5.9%+122.8%+172.9%1938.92025
Kewaunee County+10.3%+117.3%+150.9%572.72025
Rock County+5.1%+115.5%+142.0%4132.52025
Juneau County+8.0%+114.0%+158.3%1505.62025
Burnett County+6.4%+112.0%+179.3%1357.82025
Door County+2.6%+111.2%+160.1%30710.02025
Manitowoc County+5.4%+110.2%+130.7%1812.22025
Oconto County+4.3%+110.2%+148.4%1995.02025
Sheboygan County+6.6%+109.8%+137.4%6645.62025
Brown County+6.6%+109.0%+138.7%1,5515.62025
Chippewa County+8.1%+108.8%+180.3%2443.62025
Polk County+3.3%+107.8%+147.6%2174.72025
Waupaca County+8.6%+107.4%+145.9%1953.82025
Outagamie County+5.0%+105.6%+148.5%1,1916.12025
Winnebago County+6.3%+105.0%+144.3%1,0305.92025
Richland County+12.2%+104.7%+148.6%492.92025
Racine County+7.9%+103.7%+137.2%6803.42025
Dunn County+4.9%+103.5%+157.0%1082.32025
Vilas County+3.7%+103.5%+162.3%26311.12025
Walworth County+5.8%+103.1%+150.5%5385.12025
Shawano County+4.9%+102.2%+139.1%1102.62025
Sawyer County+0.6%+102.1%+165.7%1739.22025
Kenosha County+5.4%+101.5%+125.3%5833.52025
Washburn County+6.6%+101.5%+159.2%1197.02025
Forest County+27.3%+101.3%+168.8%444.62025
Dodge County+6.9%+101.1%+129.3%2462.82025
Iowa County+5.1%+101.0%+153.2%713.02025
Barron County+5.3%+100.9%+156.3%1583.42025
Calumet County+3.9%+100.0%+145.0%2765.12025
Eau Claire County+4.1%+99.4%+160.6%6906.32025
Waushara County+3.9%+99.4%+139.9%1044.12025
Marinette County+8.2%+98.7%+143.3%1734.12025
Oneida County+8.6%+98.4%+154.6%2867.52025
Rusk County+0.5%+97.9%+139.7%725.12025
Green Lake County+6.9%+97.6%+151.2%884.62025
Green County+5.2%+97.4%+143.3%842.32025
Jackson County+4.8%+97.1%+168.5%592.82025
Langlade County+11.7%+96.7%+126.3%1849.42025
Lincoln County+6.7%+96.3%+126.2%1344.72025
Milwaukee County+5.8%+95.8%+141.7%7760.82025
Douglas County+5.1%+95.3%+178.7%912.12025
Fond du Lac County+7.8%+95.2%+123.0%2152.12025
Dane County+4.1%+93.0%+173.2%6,01910.22025
Sauk County+4.9%+93.0%+152.1%4236.32025
Jefferson County+5.3%+92.7%+139.6%1982.32025
Columbia County+5.7%+92.6%+140.1%2724.72025
Portage County+4.5%+92.4%+151.9%2193.02025
Wood County+8.8%+92.0%+136.9%1401.92025
Buffalo County+2.8%+91.6%+153.8%433.22025
Marquette County+3.3%+90.7%+139.6%744.62025
Price County+6.2%+90.7%+139.0%443.12025
Monroe County+5.4%+90.0%+167.3%1102.42025
Taylor County+16.6%+89.9%+127.7%723.62025
Marathon County+7.7%+89.6%+125.7%3882.82025
St. Croix County+4.0%+89.5%+138.3%6466.62025
Iron County+4.1%+88.6%—7612.42025
Pierce County+4.0%+87.8%+122.9%2836.52025
Lafayette County+9.6%+87.5%+143.5%603.42025
Washington County+5.9%+87.5%+132.3%3842.82025
Pepin County+3.6%+87.3%+148.3%293.92025
La Crosse County+4.6%+86.5%+157.6%4353.62025
Trempealeau County+7.6%+86.0%+155.4%923.02025
Vernon County+3.2%+85.6%+158.7%943.02025
Clark County+4.4%+84.9%+158.1%1063.02025
Waukesha County+5.4%+84.9%+138.6%1,5583.72025
Crawford County+4.8%+82.5%+127.3%563.52025
Bayfield County−0.5%+82.2%+140.7%1358.02025
Ozaukee County+5.2%+80.9%+125.4%5445.82025
Ashland County+6.4%+79.7%+150.0%382.32025
Grant County+3.6%+78.2%+140.4%1232.32025
Florence County+3.5%+75.8%—337.02025
Menominee County+22.6%+39.2%—61.42021

Metro and micropolitan areas

Areas with any county in Wisconsin; multi-state areas appear under each of their states.

AreaType1 year10 yearsYear to 2026 Q2Units, 12 months
Janesville-Beloit, WIMetro+5.1%+115.5%+4.8%413
Manitowoc, WIMicro+5.4%+110.2%—181
Sheboygan, WIMetro+6.6%+109.8%+4.7%664
Green Bay, WIMetro+6.6%+109.5%+5.0%1,807
Oshkosh-Neenah, WIMetro+6.3%+105.0%+5.9%1,030
Appleton, WIMetro+4.8%+104.2%+5.1%1,467
Racine-Mount Pleasant, WIMetro+7.9%+103.7%+7.2%680
Menomonie, WIMicro+4.9%+103.5%—108
Whitewater-Elkhorn, WIMicro+5.8%+103.1%—538
Shawano, WIMicro+4.4%+102.9%—116
Eau Claire, WIMetro+5.4%+102.5%+2.3%934
Kenosha, WIMetro+5.4%+101.5%+8.4%583
Beaver Dam, WIMicro+6.9%+101.1%—246
Rice Lake, WIMicro+5.3%+100.9%—158
Marinette, WI-MIMicro+6.9%+95.4%—200
Fond du Lac, WIMetro+7.8%+95.2%+5.8%215
Madison, WIMetro+4.4%+93.4%+4.9%6,446
Baraboo, WIMicro+4.9%+93.0%—423
Watertown-Fort Atkinson, WIMicro+5.3%+92.7%—198
Stevens Point-Plover, WIMicro+4.5%+92.4%—219
Wisconsin Rapids-Marshfield, WIMicro+8.8%+92.0%—140
Sparta, WIMicro+5.4%+90.0%—110
Milwaukee-Waukesha, WIMetro+5.6%+89.7%+6.2%3,262
Wausau, WIMetro+7.7%+89.6%+5.2%388
Iron Mountain, MI-WIMicro+5.1%+87.6%—67
La Crosse-Onalaska, WI-MNMetro+4.2%+85.8%+5.0%578
Duluth, MN-WIMetro+7.0%+85.7%+4.0%796
Platteville, WIMicro+3.6%+78.2%—123
Minneapolis-St. Paul-Bloomington, MN-WIMetro+2.6%+70.1%+2.6%14,282

Building permits

Housing units authorised in Wisconsin by month, latest 60 months02,0004,000Sep 2021: 2,070 units (1,165 single-family, 905 in multi-unit buildings)Sep 2021Oct 2021: 2,670 units (1,189 single-family, 1,481 in multi-unit buildings)Nov 2021: 1,699 units (943 single-family, 756 in multi-unit buildings)Dec 2021: 2,246 units (835 single-family, 1,411 in multi-unit buildings)Jan 2022: 1,012 units (640 single-family, 372 in multi-unit buildings)Feb 2022: 1,145 units (742 single-family, 403 in multi-unit buildings)Mar 2022: 1,787 units (1,074 single-family, 713 in multi-unit buildings)Apr 2022: 2,289 units (1,221 single-family, 1,068 in multi-unit buildings)May 2022: 2,427 units (1,248 single-family, 1,179 in multi-unit buildings)Jun 2022: 1,870 units (1,257 single-family, 613 in multi-unit buildings)Jul 2022: 1,811 units (1,021 single-family, 790 in multi-unit buildings)Aug 2022: 1,922 units (1,173 single-family, 749 in multi-unit buildings)Sep 2022: 2,239 units (1,072 single-family, 1,167 in multi-unit buildings)Sep 2022Oct 2022: 1,760 units (991 single-family, 769 in multi-unit buildings)Nov 2022: 1,846 units (746 single-family, 1,100 in multi-unit buildings)Dec 2022: 1,024 units (502 single-family, 522 in multi-unit buildings)Jan 2023: 908 units (424 single-family, 484 in multi-unit buildings)Feb 2023: 1,101 units (559 single-family, 542 in multi-unit buildings)Mar 2023: 1,474 units (850 single-family, 624 in multi-unit buildings)Apr 2023: 1,327 units (907 single-family, 420 in multi-unit buildings)May 2023: 2,007 units (1,274 single-family, 733 in multi-unit buildings)Jun 2023: 2,064 units (1,181 single-family, 883 in multi-unit buildings)Jul 2023: 1,743 units (1,087 single-family, 656 in multi-unit buildings)Aug 2023: 2,192 units (1,263 single-family, 929 in multi-unit buildings)Sep 2023: 1,966 units (1,097 single-family, 869 in multi-unit buildings)Sep 2023Oct 2023: 1,730 units (1,098 single-family, 632 in multi-unit buildings)Nov 2023: 1,601 units (809 single-family, 792 in multi-unit buildings)Dec 2023: 1,397 units (573 single-family, 824 in multi-unit buildings)Jan 2024: 976 units (608 single-family, 368 in multi-unit buildings)Feb 2024: 2,259 units (856 single-family, 1,403 in multi-unit buildings)Mar 2024: 1,479 units (1,094 single-family, 385 in multi-unit buildings)Apr 2024: 2,132 units (1,246 single-family, 886 in multi-unit buildings)May 2024: 2,367 units (1,359 single-family, 1,008 in multi-unit buildings)Jun 2024: 1,955 units (1,195 single-family, 760 in multi-unit buildings)Jul 2024: 2,241 units (1,134 single-family, 1,107 in multi-unit buildings)Aug 2024: 1,894 units (1,212 single-family, 682 in multi-unit buildings)Sep 2024: 1,743 units (1,184 single-family, 559 in multi-unit buildings)Sep 2024Oct 2024: 2,461 units (1,332 single-family, 1,129 in multi-unit buildings)Nov 2024: 2,206 units (885 single-family, 1,321 in multi-unit buildings)Dec 2024: 1,749 units (663 single-family, 1,086 in multi-unit buildings)Jan 2025: 1,513 units (695 single-family, 818 in multi-unit buildings)Feb 2025: 1,291 units (854 single-family, 437 in multi-unit buildings)Mar 2025: 1,447 units (1,013 single-family, 434 in multi-unit buildings)Apr 2025: 1,969 units (1,395 single-family, 574 in multi-unit buildings)May 2025: 3,038 units (1,316 single-family, 1,722 in multi-unit buildings)Jun 2025: 1,779 units (1,335 single-family, 444 in multi-unit buildings)Jul 2025: 3,059 units (1,297 single-family, 1,762 in multi-unit buildings)Aug 2025: 2,154 units (1,277 single-family, 877 in multi-unit buildings)Sep 2025: 2,045 units (1,220 single-family, 825 in multi-unit buildings)Sep 2025Oct 2025: 2,796 units (1,390 single-family, 1,406 in multi-unit buildings)Nov 2025: 2,282 units (768 single-family, 1,514 in multi-unit buildings)Dec 2025: 1,829 units (646 single-family, 1,183 in multi-unit buildings)Jan 2026: 1,659 units (648 single-family, 1,011 in multi-unit buildings)Feb 2026: 1,405 units (752 single-family, 653 in multi-unit buildings)Mar 2026: 1,824 units (1,082 single-family, 742 in multi-unit buildings)Apr 2026: 2,528 units (1,287 single-family, 1,241 in multi-unit buildings)May 2026: 1,933 units (1,372 single-family, 561 in multi-unit buildings)Jun 2026: 2,398 units (1,471 single-family, 927 in multi-unit buildings)Jul 2026: 2,634 units (1,340 single-family, 1,294 in multi-unit buildings)Aug 2026: 2,438 units (1,340 single-family, 1,098 in multi-unit buildings)

Housing units authorised in Wisconsin by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Wisconsin by year, 1995–2025020,00040,00060,0001995: 32,403 units (20,748 single-family, 11,655 in multi-unit buildings)19951996: 33,296 units (21,811 single-family, 11,485 in multi-unit buildings)1997: 31,925 units (20,628 single-family, 11,297 in multi-unit buildings)1998: 35,436 units (24,010 single-family, 11,426 in multi-unit buildings)1999: 35,570 units (24,827 single-family, 10,743 in multi-unit buildings)2000: 34,154 units (24,018 single-family, 10,136 in multi-unit buildings)20002001: 37,773 units (25,397 single-family, 12,376 in multi-unit buildings)2002: 38,208 units (26,084 single-family, 12,124 in multi-unit buildings)2003: 40,884 units (28,744 single-family, 12,140 in multi-unit buildings)2004: 39,992 units (29,716 single-family, 10,276 in multi-unit buildings)2005: 35,334 units (25,966 single-family, 9,368 in multi-unit buildings)20052006: 27,329 units (19,607 single-family, 7,722 in multi-unit buildings)2007: 21,837 units (16,261 single-family, 5,576 in multi-unit buildings)2008: 15,509 units (10,124 single-family, 5,385 in multi-unit buildings)2009: 10,780 units (7,933 single-family, 2,847 in multi-unit buildings)2010: 10,864 units (7,687 single-family, 3,177 in multi-unit buildings)20102011: 9,939 units (6,502 single-family, 3,437 in multi-unit buildings)2012: 12,041 units (7,698 single-family, 4,343 in multi-unit buildings)2013: 13,869 units (8,881 single-family, 4,988 in multi-unit buildings)2014: 14,622 units (8,582 single-family, 6,040 in multi-unit buildings)2015: 16,793 units (9,791 single-family, 7,002 in multi-unit buildings)20152016: 19,274 units (10,998 single-family, 8,276 in multi-unit buildings)2017: 19,545 units (11,769 single-family, 7,776 in multi-unit buildings)2018: 19,113 units (12,039 single-family, 7,074 in multi-unit buildings)2019: 17,480 units (11,298 single-family, 6,182 in multi-unit buildings)2020: 21,226 units (12,169 single-family, 9,057 in multi-unit buildings)20202021: 25,444 units (13,199 single-family, 12,245 in multi-unit buildings)2022: 21,072 units (11,652 single-family, 9,420 in multi-unit buildings)2023: 21,494 units (11,465 single-family, 10,029 in multi-unit buildings)2024: 23,826 units (12,879 single-family, 10,947 in multi-unit buildings)2025: 25,569 units (13,405 single-family, 12,164 in multi-unit buildings)2025

Housing units authorised in Wisconsin by year, 1995–2025single-family2+ unit buildings

Single-family share of the latest 12 months: 52% (63% nationally). Since 1995: 762,601 units.

Year by year

Each year's index change and permits, with every county's figures for that year.

YearWisconsin indexUS indexUnits permittedSingle-family
2025+5.4%+2.8%25,56913,405
2024+6.9%+4.9%23,82612,879
2023+10.6%+5.7%21,49411,465
2022+14.7%+15.5%21,07211,652
2021+10.1%+11.6%25,44413,199
2020+2.7%+3.0%21,22612,169
2019+4.9%+4.2%17,48011,298
2018+5.5%+5.7%19,11312,039
2017+5.1%+5.4%19,54511,769
2016+4.0%+5.3%19,27410,998
2015+2.8%+4.4%16,7939,791
2014+1.7%+6.2%14,6228,582
2013−0.2%+3.4%13,8698,881
2012−1.7%−1.8%12,0417,698
2011−3.3%−4.4%9,9396,502
2010−4.2%−5.1%10,8647,687
2009−3.8%−7.5%10,7807,933
2008−1.3%−4.5%15,50910,124
2007+1.1%+0.6%21,83716,261
2006+3.6%+6.6%27,32919,607
2005+8.3%+12.4%35,33425,966
2004+7.6%+9.2%39,99229,716
2003+3.3%+4.5%40,88428,744
2002+3.9%+5.4%38,20826,084
2001+5.2%+6.7%37,77325,397
2000+6.6%+8.3%34,15424,018
1999+4.6%+4.3%35,57024,827
1998+2.9%+3.7%35,43624,010
1997+4.6%+3.8%31,92520,628
1996+3.7%+3.2%33,29621,811
1995+8.0%+3.7%32,40320,748

Cities issuing the most permits

Housing units authorised in the 12 months to August 2026; every place is listed on its county page.

Questions and answers

How much have home values in Wisconsin risen over 10 years?

The FHFA index rose +95.5% between 2015 and 2025, +6.9% a year; over 20 years +84.7% and since 2000 +143.0%. Nationally: +85.0%, +79.1% and +158.3%.

Which Wisconsin counties rose most over 10 years?

Adams County (+122.8%), Kewaunee County (+117.3%) and Rock County (+115.5%), by FHFA's annual county index to 2025.

What happened to Wisconsin home prices in 2008?

The state index peaked in 2007, fell −13.7% to 2013 and regained its peak in 2018.

How many homes are being built in Wisconsin?

25,771 units were authorised in the 12 months to August 2026: 13,316 single-family and 12,455 in multi-unit buildings, 4.3 per 1,000 residents.

Where does this data come from?

FHFA's quarterly all-transactions state index (through 2026 Q2) and annual state index (updated March 31, 2026); the Census Bureau's Building Permits Survey state and county files through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, quarterly all-transactions and purchase-only state indexes through 2026 Q2 and annual state index (updated March 31, 2026). Permits: Census Bureau Building Permits Survey state, county and place files through August 2026. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.