Market Overview
Home Prices in Eagle River, WI
The median home value in Eagle River, WI is $394,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.8% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Eagle River are priced4% below average.
Over the past five years, Eagle River home values have risen by approximately35.8%, reflecting strong long-term appreciation in this market.
Price History
Eagle River Home Price Trend
2020
$248,723
$249K
—
2021
$290,151
$290K
+16.7%
2022
$342,576
$343K
+18.1%
2023
$356,366
$356K
+4.0%
2024
$364,549
$365K
+2.3%
2025
$375,835
$376K
+3.1%
2026
$394,017
$394K
+4.8%
City Comparison
Eagle River vs. National Median
🏠 Eagle River
$394,017
National Median
$410,000
At $394,017, homes in Eagle River cost 4% below the national median of $410,000. This makes Eagle River a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Eagle River?
20% Down Payment
$78,803
on $394,017
Monthly P&I
$2,055/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,610/mo
incl. taxes & insurance
Income Needed
$104,400
gross annual (30% rule)
10% Down Option
$39,402
+ PMI applies
Loan Amount (20% dn)
$315,214
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Eagle River, WI?
The median home value in Eagle River is $394,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.8% year-over-year.
How much have home prices changed in Eagle River?
Over the past year, home values in Eagle River have increased by 4.8%. Over five years, prices have risen approximately 35.8%.
How much do I need to earn to buy a home in Eagle River?
To comfortably afford the median home price of $394,017 with a 20% down payment ($78,803) at today's rates (6.8%), you'd need a gross annual income of approximately $104,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Eagle River compare to the national average home price?
The national median home value is approximately $410,000. At $394,017, homes in Eagle River are 4% below the national average.