Market Overview
Home Prices in Elk Mound, WI
The median home value in Elk Mound, WI is $382,605 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elk Mound are priced7% below average. Elk Mound is part of the Menomonie, WI metro area.
Over the past five years, Elk Mound home values have risen by approximately35.4%, reflecting strong long-term appreciation in this market.
Price History
Elk Mound Home Price Trend
City Comparison
Elk Mound vs. National Median
At $382,605, homes in Elk Mound cost 7% below the national median of $410,000. This makes Elk Mound a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Elk Mound?
20% Down Payment
$76,521
on $382,605
Monthly P&I
$1,995/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,534/mo
incl. taxes & insurance
Income Needed
$101,360
gross annual (30% rule)
10% Down Option
$38,261
+ PMI applies
Loan Amount (20% dn)
$306,084
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 Elk Mound, WI?
The median home value in Elk Mound is $382,605 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Elk Mound?
Over the past year, home values in Elk Mound have increased by 4.4%. Over five years, prices have risen approximately 35.4%.
How much do I need to earn to buy a home in Elk Mound?
To comfortably afford the median home price of $382,605 with a 20% down payment ($76,521) at today's rates (6.8%), you'd need a gross annual income of approximately $101,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Elk Mound compare to the national average home price?
The national median home value is approximately $410,000. At $382,605, homes in Elk Mound are 7% below the national average.
What metro area is Elk Mound part of?
Elk Mound is part of the Menomonie, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.