Market Overview
Home Prices in Theresa, WI
The median home value in Theresa, WI is $349,690 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Theresa are priced15% below average. Theresa is part of the Beaver Dam, WI metro area.
Over the past five years, Theresa home values have risen by approximately32.3%, reflecting strong long-term appreciation in this market.
Price History
Theresa Home Price Trend
City Comparison
Theresa vs. National Median
At $349,690, homes in Theresa cost 15% below the national median of $410,000. This makes Theresa a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Theresa?
20% Down Payment
$69,938
on $349,690
Monthly P&I
$1,824/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,316/mo
incl. taxes & insurance
Income Needed
$92,640
gross annual (30% rule)
10% Down Option
$34,969
+ PMI applies
Loan Amount (20% dn)
$279,752
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 Theresa, WI?
The median home value in Theresa is $349,690 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Theresa?
Over the past year, home values in Theresa have increased by 6.1%. Over five years, prices have risen approximately 32.3%.
How much do I need to earn to buy a home in Theresa?
To comfortably afford the median home price of $349,690 with a 20% down payment ($69,938) at today's rates (6.8%), you'd need a gross annual income of approximately $92,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Theresa compare to the national average home price?
The national median home value is approximately $410,000. At $349,690, homes in Theresa are 15% below the national average.
What metro area is Theresa part of?
Theresa is part of the Beaver Dam, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.