Baldwin, WI housing market
The median sale price was $346,000 in May 2026.
Home values, sales, trends and how Baldwin compares with the towns next door — updated as new data is published.
Baldwin at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 54% in 5 years
The federal house price index for the ZIP code around Baldwin rose 54% over the past 5 years, slower than across Wisconsin (57%). Last year prices rose 7.5%. Carrying the Census median home value forward with that index puts the typical Baldwin home at roughly $449,000 today.
Show as a table
| Year | Change that year | Since 2000 | Wisconsin since 2000 |
|---|---|---|---|
| 2025 | +7.5% | +134% | +143% |
| 2024 | +3.1% | +118% | +131% |
| 2023 | +4.1% | +111% | +116% |
| 2022 | +15% | +103% | +95% |
| 2021 | +16% | +76% | +70% |
| 2020 | −1.2% | +52% | +54% |
| 2019 | +8.3% | +54% | +50% |
| 2018 | +8.4% | +43% | +43% |
| 2017 | +7.6% | +31% | +36% |
| 2016 | +3.3% | +22% | +29% |
| 2015 | +5.1% | +18% | +24% |
| 2014 | +6.9% | +13% | +21% |
| 2013 | +7.2% | +5.4% | +19% |
| 2012 | −5.1% | −1.7% | +19% |
| 2011 | −3.2% | +3.5% | +21% |
| 2010 | −11% | +6.9% | +25% |
| 2009 | −9.4% | +20% | +31% |
| 2008 | −3% | +32% | +36% |
| 2007 | −0.6% | +36% | +38% |
| 2006 | +0.9% | +37% | +36% |
| 2005 | +6.2% | +36% | +32% |
| 2004 | +8.6% | +28% | +21% |
| 2003 | +4.8% | +18% | +13% |
| 2002 | +5.1% | +13% | +9.3% |
| 2001 | +7.1% | +7.1% | +5.2% |
| 2000 | — | — | — |
How Baldwin ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 54002, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
10 new homes permitted in 2025
Builders were permitted 10 new homes in Baldwin in 2025, all single-family houses, worth about $2.8 million to build. That's 2.3 per 1,000 residents, slower than across Wisconsin (4.3). Over the past 10 years, Baldwin has permitted 170 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Baldwin gained 334 residents while 78 new homes were permitted: about 4.3 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Wisconsin: 1.3 new residents per new home.
How Baldwin ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $305,000 |
| 2025 | 10 | 10 | 0 | $2.8 million |
| 2024 | 14 | 14 | 0 | $3.1 million |
| 2023 | 10 | 10 | 0 | $2.3 million |
| 2022 | 24 | 22 | 2 | $5.2 million |
| 2021 | 22 | 18 | 4 | $4.3 million |
| 2020 | 23 | 21 | 2 | $4.6 million |
| 2019 | 9 | 7 | 2 | $1.3 million |
| 2018 | 13 | 11 | 2 | $2.1 million |
| 2017 | 33 | 33 | 0 | $5 million |
| 2016 | 12 | 12 | 0 | $2.2 million |
| 2015 | 8 | 8 | 0 | $1.5 million |
| 2014 | 1 | 1 | 0 | $162,000 |
| 2013 | 1 | 1 | 0 | $75,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 1 | 1 | 0 | $120,000 |
| 2009 | 1 | 1 | 0 | $70,000 |
| 2008 | 3 | 3 | 0 | $330,000 |
| 2007 | 9 | 7 | 2 | $1.2 million |
| 2006 | 27 | 27 | 0 | $3.5 million |
| 2005 | 41 | 41 | 0 | $5.3 million |
| 2004 | 71 | 55 | 16 | $8.8 million |
| 2003 | 143 | 66 | 77 | $12.5 million |
| 2002 | 60 | 58 | 2 | $6.2 million |
| 2001 | 88 | 48 | 40 | $9.2 million |
| 2000 | 71 | 45 | 26 | $7.4 million |
How Baldwin ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Baldwin and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Baldwin | — | +7.5%† | $1,520 | 10 | $77,179 |
| Eau Galle | — | +4.5%† | $1,520 | 4 | $90,840 |
| Hammond | $379K | +2.9% | $1,560 | 27 | $128,182 |
| Rush River | — | +7.7%† | $1,520 | 2 | $128,125 |
| Baldwin | $343K | +2.7% | $1,520 | 4 | $103,068 |
† FHFA price index change, where Zillow has no home value for the town.
3.5 years of income
The typical Baldwin home costs about 3.5 years of the town's median household income, less than across Wisconsin (4.4 years).
How Baldwin ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,520
HUD's Fair Market Rent for a two-bedroom in Baldwin is $1,520 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Baldwin pay a median of $1,154, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $1,100 · 4 bedrooms $2,270
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54002; Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.