Bone Lake, WI housing market
Home prices around Bone Lake have risen about 61% over the past 5 years. No new homes were permitted in 2017.
Home values, sales, trends and how Bone Lake compares with the towns next door — updated as new data is published.
Home prices up 61% in 5 years
The federal house price index for the ZIP codes around Bone Lake rose 61% over the past 5 years, faster than across Wisconsin (57%). Last year prices rose 5.2%.
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| Year | Change that year | Since 2000 | Wisconsin since 2000 |
|---|---|---|---|
| 2025 | +5.2% | +166% | +143% |
| 2024 | +9.2% | +153% | +131% |
| 2023 | +4.1% | +132% | +116% |
| 2022 | +19% | +123% | +95% |
| 2021 | +14% | +88% | +70% |
| 2020 | +7.3% | +65% | +54% |
| 2019 | +1.9% | +54% | +50% |
| 2018 | +3.8% | +51% | +43% |
| 2017 | +15% | +46% | +36% |
| 2016 | +6.1% | +27% | +29% |
| 2015 | −1.4% | +20% | +24% |
| 2014 | +7.7% | +22% | +21% |
| 2013 | −2.7% | +13% | +19% |
| 2012 | −5.2% | +16% | +19% |
| 2011 | −3.8% | +22% | +21% |
| 2010 | −9.1% | +27% | +25% |
| 2009 | −2.7% | +40% | +31% |
| 2008 | +0.5% | +44% | +36% |
| 2007 | −0.7% | +43% | +38% |
| 2006 | +0.9% | +44% | +36% |
| 2005 | +5.1% | +43% | +32% |
| 2004 | +14% | +36% | +21% |
| 2003 | +5.6% | +19% | +13% |
| 2002 | +2.8% | +12% | +9.3% |
| 2001 | +9.4% | +9.4% | +5.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 54837, 54853, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
No new homes permitted in 2017
No permits for new homes were issued in Bone Lake in 2017. The last year with any was 2016 (1 new home).
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $185,000 |
| 2015 | 4 | 4 | 0 | $830,000 |
| 2014 | 3 | 3 | 0 | $360,000 |
| 2013 | 3 | 3 | 0 | $425,000 |
Bone Lake's permit office didn't report to the Census in 2017, so the 2017 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Bone Lake and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Bone Lake | — | +5.2%† | $1,000 | — | $97,250 |
| Georgetown | — | +2.1%† | $1,120 | 6 | $77,308 |
| McKinley | — | +16.1%† | $1,060 | — | $54,821 |
| Luck | $324K | +4.4% | $1,010 | — | $79,375 |
| Clam Falls | — | +7.1%† | $1,000 | 4 | $86,250 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,000
HUD's Fair Market Rent for a two-bedroom in Bone Lake is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Bone Lake pay a median of $950.
Studio $690 · 4 bedrooms $1,520
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54837, 54853; Burnett County, WI), 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. 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.