Market Overview
Home Prices in Fence, WI
The median home value in Fence, WI is $182,702 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.1% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fence are priced55% below average. Fence is part of the Iron Mountain, MI-WI metro area.
Over the past five years, Fence home values have risen by approximately47.6%, reflecting strong long-term appreciation in this market.
Price History
Fence Home Price Trend
City Comparison
Fence vs. National Median
At $182,702, homes in Fence cost 55% below the national median of $410,000. This makes Fence a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fence?
20% Down Payment
$36,540
on $182,702
Monthly P&I
$953/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,210/mo
incl. taxes & insurance
Income Needed
$48,400
gross annual (30% rule)
10% Down Option
$18,270
+ PMI applies
Loan Amount (20% dn)
$146,162
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 Fence, WI?
The median home value in Fence is $182,702 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.1% year-over-year.
How much have home prices changed in Fence?
Over the past year, home values in Fence have increased by 10.1%. Over five years, prices have risen approximately 47.6%.
How much do I need to earn to buy a home in Fence?
To comfortably afford the median home price of $182,702 with a 20% down payment ($36,540) at today's rates (6.8%), you'd need a gross annual income of approximately $48,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Fence compare to the national average home price?
The national median home value is approximately $410,000. At $182,702, homes in Fence are 55% below the national average.
What metro area is Fence part of?
Fence is part of the Iron Mountain, MI-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.