Market Overview
Home Prices in Marengo, WI
The median home value in Marengo, WI is $204,193 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and down 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Marengo are priced50% below average.
Price History
Marengo Home Price Trend
2024
$215,356
$215K
—
2025
$205,142
$205K
-4.7%
2026
$204,193
$204K
-0.5%
City Comparison
Marengo vs. National Median
🏠 Marengo
$204,193
National Median
$410,000
At $204,193, homes in Marengo cost 50% below the national median of $410,000. This makes Marengo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Marengo?
20% Down Payment
$40,839
on $204,193
Monthly P&I
$1,065/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,353/mo
incl. taxes & insurance
Income Needed
$54,120
gross annual (30% rule)
10% Down Option
$20,419
+ PMI applies
Loan Amount (20% dn)
$163,354
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 Marengo, WI?
The median home value in Marengo is $204,193 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in Marengo?
Over the past year, home values in Marengo have decreased by 0.5%.
How much do I need to earn to buy a home in Marengo?
To comfortably afford the median home price of $204,193 with a 20% down payment ($40,839) at today's rates (6.8%), you'd need a gross annual income of approximately $54,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Marengo compare to the national average home price?
The national median home value is approximately $410,000. At $204,193, homes in Marengo are 50% below the national average.