Market Overview
Home Prices in Thorp, WI
The median home value in Thorp, WI is $241,088 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.4% compared to a year ago and up 7.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Thorp are priced41% below average.
Over the past five years, Thorp home values have risen by approximately34.7%, reflecting strong long-term appreciation in this market.
Price History
Thorp Home Price Trend
2020
$156,210
$156K
—
2021
$178,964
$179K
+14.6%
2022
$191,565
$192K
+7.0%
2023
$197,799
$198K
+3.3%
2024
$199,909
$200K
+1.1%
2025
$214,521
$215K
+7.3%
2026
$241,088
$241K
+12.4%
City Comparison
Thorp vs. National Median
🏠 Thorp
$241,088
National Median
$410,000
At $241,088, homes in Thorp cost 41% below the national median of $410,000. This makes Thorp a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Thorp?
20% Down Payment
$48,218
on $241,088
Monthly P&I
$1,257/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,596/mo
incl. taxes & insurance
Income Needed
$63,840
gross annual (30% rule)
10% Down Option
$24,109
+ PMI applies
Loan Amount (20% dn)
$192,870
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 Thorp, WI?
The median home value in Thorp is $241,088 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.4% year-over-year.
How much have home prices changed in Thorp?
Over the past year, home values in Thorp have increased by 12.4%. Over five years, prices have risen approximately 34.7%.
How much do I need to earn to buy a home in Thorp?
To comfortably afford the median home price of $241,088 with a 20% down payment ($48,218) at today's rates (6.8%), you'd need a gross annual income of approximately $63,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Thorp compare to the national average home price?
The national median home value is approximately $410,000. At $241,088, homes in Thorp are 41% below the national average.