Market Overview
Home Prices in Niagara, WI
The median home value in Niagara, WI is $189,043 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.8% compared to a year ago and up 8.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Niagara are priced54% below average. Niagara is part of the Marinette, WI-MI metro area.
Over the past five years, Niagara home values have risen by approximately44.9%, reflecting strong long-term appreciation in this market.
Price History
Niagara Home Price Trend
City Comparison
Niagara vs. National Median
At $189,043, homes in Niagara cost 54% below the national median of $410,000. This makes Niagara a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Niagara?
20% Down Payment
$37,809
on $189,043
Monthly P&I
$986/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,252/mo
incl. taxes & insurance
Income Needed
$50,080
gross annual (30% rule)
10% Down Option
$18,904
+ PMI applies
Loan Amount (20% dn)
$151,234
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 Niagara, WI?
The median home value in Niagara is $189,043 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.8% year-over-year.
How much have home prices changed in Niagara?
Over the past year, home values in Niagara have increased by 9.8%. Over five years, prices have risen approximately 44.9%.
How much do I need to earn to buy a home in Niagara?
To comfortably afford the median home price of $189,043 with a 20% down payment ($37,809) at today's rates (6.8%), you'd need a gross annual income of approximately $50,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Niagara compare to the national average home price?
The national median home value is approximately $410,000. At $189,043, homes in Niagara are 54% below the national average.
What metro area is Niagara part of?
Niagara is part of the Marinette, WI-MI metropolitan area. Home prices and market conditions can vary across the broader metro region.