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Housing in Bayfield

A typical Bayfield home is worth roughly $320,000

Builders were permitted 2 new homes in 2025.

Typical home value
$320K
WI $340K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$3,964
WI $3,792

What kind of housing town is Bayfield?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

1 of Bayfield’s houses are on the National Register

Half of Bayfield’s homes were built before 1965.

History →
Owners and renters
Own 68%Rent 33%

Wisconsin: 68% own.

1965
typical home built · WI 1975
$3,964
median property tax bill · WI $3,792
1.24%
of a home’s value, a year in tax · WI 1.42%
30%
of homes are seasonal or vacation homes
Historic houses in Bayfield

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.

Affordability

A typical home costs 4.5 years of income

About the same as across Wisconsin. Try your own numbers below.

You could afford about
$264,000
Typical Bayfield home $320K

That’s $56K short of a typical Bayfield home.

The typical home, each month
$2,010
Loan $1,590Tax $330Insurance $90

A two-bedroom rents for about $970 a month here, $1,040 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bayfield’s typical property tax (1.24% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $1,142.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$740
2 bedrooms$970
3 bedrooms$1,280
4 bedrooms$1,290
33%
of households rent · WI 32%
92
renter households
$1,142
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bayfield County, WI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

2 new homes permitted in 2025

Builders were permitted 2 new homes in Bayfield in 2025, all single-family houses. Over the past 10 years, Bayfield has permitted 18 homes in all.

Single-family2+ homes per building
02468 200020052010201520202025
2
new homes permitted in 2025
0
2026 so far (Jan–Aug)
18
homes in the past 10 years
Homes vs. people, 2010–2020
Residents+97
New homes+13

Between the 2010 and 2020 censuses, Bayfield gained 97 residents while 13 new homes were permitted: about 7.5 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.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025220$677,000
2024000—
2023110$225,000
2022440$1.9 million
2021000—
2020220$684,000
2019000—
2018000—
2017817$786,000
2016110$300,000
2015110$125,000
2014000—
2013110$150,000
2012000—
2011000—
2010220$368,000
2009000—
2008000—
2007000—
2006110$181,000
2005422$660,000
2004000—
2003110$150,000
2002110$256,000
2001440$779,000
2000000—

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Neighbors talk housing

What Bayfield buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Bayfield still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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