Market Overview
Home Prices in Manitowish Waters, WI
The median home value in Manitowish Waters, WI is $731,968 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.7% compared to a year ago and down 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Manitowish Waters are priced79% above average.
Over the past five years, Manitowish Waters home values have risen by approximately35.4%, reflecting strong long-term appreciation in this market.
Price History
Manitowish Waters Home Price Trend
City Comparison
Manitowish Waters vs. National Median
At $731,968, homes in Manitowish Waters cost 79% above the national median of $410,000. Buyers in Manitowish Waters should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Manitowish Waters?
20% Down Payment
$146,394
on $731,968
Monthly P&I
$3,818/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,849/mo
incl. taxes & insurance
Income Needed
$193,960
gross annual (30% rule)
10% Down Option
$73,197
+ PMI applies
Loan Amount (20% dn)
$585,574
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 Manitowish Waters, WI?
The median home value in Manitowish Waters is $731,968 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.7% year-over-year.
How much have home prices changed in Manitowish Waters?
Over the past year, home values in Manitowish Waters have increased by 10.7%. Over five years, prices have risen approximately 35.4%.
How much do I need to earn to buy a home in Manitowish Waters?
To comfortably afford the median home price of $731,968 with a 20% down payment ($146,394) at today's rates (6.8%), you'd need a gross annual income of approximately $193,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Manitowish Waters compare to the national average home price?
The national median home value is approximately $410,000. At $731,968, homes in Manitowish Waters are 79% above the national average.