Market Overview
Home Prices in McFarland, WI
The median home value in McFarland, WI is $497,209 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.8% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in McFarland are priced21% above average. McFarland is part of the Madison, WI metro area.
Over the past five years, McFarland home values have risen by approximately24.8%, reflecting strong long-term appreciation in this market.
Price History
McFarland Home Price Trend
City Comparison
McFarland vs. National Median
At $497,209, homes in McFarland cost 21% above the national median of $410,000. Buyers in McFarland should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in McFarland?
20% Down Payment
$99,442
on $497,209
Monthly P&I
$2,593/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,293/mo
incl. taxes & insurance
Income Needed
$131,720
gross annual (30% rule)
10% Down Option
$49,721
+ PMI applies
Loan Amount (20% dn)
$397,767
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 McFarland, WI?
The median home value in McFarland is $497,209 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.8% year-over-year.
How much have home prices changed in McFarland?
Over the past year, home values in McFarland have increased by 1.8%. Over five years, prices have risen approximately 24.8%.
How much do I need to earn to buy a home in McFarland?
To comfortably afford the median home price of $497,209 with a 20% down payment ($99,442) at today's rates (6.8%), you'd need a gross annual income of approximately $131,720. This assumes keeping total housing costs at or below 30% of gross income.
How does McFarland compare to the national average home price?
The national median home value is approximately $410,000. At $497,209, homes in McFarland are 21% above the national average.
What metro area is McFarland part of?
McFarland is part of the Madison, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.