Market Overview
Home Prices in Wisconsin Rapids, WI
The median home value in Wisconsin Rapids, WI is $229,061 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and up 7.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wisconsin Rapids are priced44% below average. Wisconsin Rapids is part of the Wisconsin Rapids-Marshfield, WI metro area.
Over the past five years, Wisconsin Rapids home values have risen by approximately50.8%, reflecting strong long-term appreciation in this market.
Price History
Wisconsin Rapids Home Price Trend
City Comparison
Wisconsin Rapids vs. National Median
At $229,061, homes in Wisconsin Rapids cost 44% below the national median of $410,000. This makes Wisconsin Rapids a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wisconsin Rapids?
20% Down Payment
$45,812
on $229,061
Monthly P&I
$1,195/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,518/mo
incl. taxes & insurance
Income Needed
$60,720
gross annual (30% rule)
10% Down Option
$22,906
+ PMI applies
Loan Amount (20% dn)
$183,249
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 Wisconsin Rapids, WI?
The median home value in Wisconsin Rapids is $229,061 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Wisconsin Rapids?
Over the past year, home values in Wisconsin Rapids have increased by 8.2%. Over five years, prices have risen approximately 50.8%.
How much do I need to earn to buy a home in Wisconsin Rapids?
To comfortably afford the median home price of $229,061 with a 20% down payment ($45,812) at today's rates (6.8%), you'd need a gross annual income of approximately $60,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Wisconsin Rapids compare to the national average home price?
The national median home value is approximately $410,000. At $229,061, homes in Wisconsin Rapids are 44% below the national average.
What metro area is Wisconsin Rapids part of?
Wisconsin Rapids is part of the Wisconsin Rapids-Marshfield, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.