Market Overview
Home Prices in Kiel, WI
The median home value in Kiel, WI is $276,396 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.6% compared to a year ago and up 7.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kiel are priced33% below average. Kiel is part of the Manitowoc, WI metro area.
Over the past five years, Kiel home values have risen by approximately43.0%, reflecting strong long-term appreciation in this market.
Price History
Kiel Home Price Trend
2020
$170,612
$171K
—
2021
$193,328
$193K
+13.3%
2022
$217,942
$218K
+12.7%
2023
$230,835
$231K
+5.9%
2024
$246,652
$247K
+6.9%
2025
$264,213
$264K
+7.1%
2026
$276,396
$276K
+4.6%
City Comparison
Kiel vs. National Median
🏠 Kiel
$276,396
National Median
$410,000
At $276,396, homes in Kiel cost 33% below the national median of $410,000. This makes Kiel a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Kiel?
20% Down Payment
$55,279
on $276,396
Monthly P&I
$1,442/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,831/mo
incl. taxes & insurance
Income Needed
$73,240
gross annual (30% rule)
10% Down Option
$27,640
+ PMI applies
Loan Amount (20% dn)
$221,117
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 Kiel, WI?
The median home value in Kiel is $276,396 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.6% year-over-year.
How much have home prices changed in Kiel?
Over the past year, home values in Kiel have increased by 4.6%. Over five years, prices have risen approximately 43.0%.
How much do I need to earn to buy a home in Kiel?
To comfortably afford the median home price of $276,396 with a 20% down payment ($55,279) at today's rates (6.8%), you'd need a gross annual income of approximately $73,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Kiel compare to the national average home price?
The national median home value is approximately $410,000. At $276,396, homes in Kiel are 33% below the national average.
What metro area is Kiel part of?
Kiel is part of the Manitowoc, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.