Market Overview
Home Prices in Manitowoc, WI
The median home value in Manitowoc, WI is $244,654 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.6% compared to a year ago and up 6.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Manitowoc are priced40% below average. Manitowoc is part of the Manitowoc, WI metro area.
Over the past five years, Manitowoc home values have risen by approximately53.8%, reflecting strong long-term appreciation in this market.
Price History
Manitowoc Home Price Trend
City Comparison
Manitowoc vs. National Median
At $244,654, homes in Manitowoc cost 40% below the national median of $410,000. This makes Manitowoc a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Manitowoc?
20% Down Payment
$48,931
on $244,654
Monthly P&I
$1,276/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,621/mo
incl. taxes & insurance
Income Needed
$64,840
gross annual (30% rule)
10% Down Option
$24,465
+ PMI applies
Loan Amount (20% dn)
$195,723
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 Manitowoc, WI?
The median home value in Manitowoc is $244,654 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.6% year-over-year.
How much have home prices changed in Manitowoc?
Over the past year, home values in Manitowoc have increased by 5.6%. Over five years, prices have risen approximately 53.8%.
How much do I need to earn to buy a home in Manitowoc?
To comfortably afford the median home price of $244,654 with a 20% down payment ($48,931) at today's rates (6.8%), you'd need a gross annual income of approximately $64,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Manitowoc compare to the national average home price?
The national median home value is approximately $410,000. At $244,654, homes in Manitowoc are 40% below the national average.
What metro area is Manitowoc part of?
Manitowoc is part of the Manitowoc, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.