Market Overview
Home Prices in New Glarus, WI
The median home value in New Glarus, WI is $365,879 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.9% compared to a year ago and up 7.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Glarus are priced11% below average. New Glarus is part of the Madison, WI metro area.
Over the past five years, New Glarus home values have risen by approximately38.2%, reflecting strong long-term appreciation in this market.
Price History
New Glarus Home Price Trend
City Comparison
New Glarus vs. National Median
At $365,879, homes in New Glarus cost 11% below the national median of $410,000. This makes New Glarus a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Glarus?
20% Down Payment
$73,176
on $365,879
Monthly P&I
$1,908/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,423/mo
incl. taxes & insurance
Income Needed
$96,920
gross annual (30% rule)
10% Down Option
$36,588
+ PMI applies
Loan Amount (20% dn)
$292,703
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 New Glarus, WI?
The median home value in New Glarus is $365,879 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.9% year-over-year.
How much have home prices changed in New Glarus?
Over the past year, home values in New Glarus have increased by 2.9%. Over five years, prices have risen approximately 38.2%.
How much do I need to earn to buy a home in New Glarus?
To comfortably afford the median home price of $365,879 with a 20% down payment ($73,176) at today's rates (6.8%), you'd need a gross annual income of approximately $96,920. This assumes keeping total housing costs at or below 30% of gross income.
How does New Glarus compare to the national average home price?
The national median home value is approximately $410,000. At $365,879, homes in New Glarus are 11% below the national average.
What metro area is New Glarus part of?
New Glarus is part of the Madison, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.