Hammel, WI housing market
Home prices around Hammel have risen about 62% over the past 5 years. Builders were permitted 1 new home in 2025.
Home values, sales, trends and how Hammel compares with the towns next door — updated as new data is published.
Home prices up 62% in 5 years
The federal house price index for the ZIP codes around Hammel rose 62% over the past 5 years, faster than across Wisconsin (57%). Last year prices rose 18%.
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| Year | Change that year | Since 2000 | Wisconsin since 2000 |
|---|---|---|---|
| 2025 | +18% | +128% | +143% |
| 2024 | +7.3% | +93% | +131% |
| 2023 | −4.6% | +80% | +116% |
| 2022 | +24% | +89% | +95% |
| 2021 | +7.5% | +52% | +70% |
| 2020 | +3.9% | +41% | +54% |
| 2019 | −1.9% | +36% | +50% |
| 2018 | +6.6% | +39% | +43% |
| 2017 | +4.9% | +30% | +36% |
| 2016 | +1.4% | +24% | +29% |
| 2015 | +1.9% | +22% | +24% |
| 2014 | +2.7% | +20% | +21% |
| 2013 | +0.9% | +17% | +19% |
| 2012 | +0.3% | +16% | +19% |
| 2011 | −2.5% | +16% | +21% |
| 2010 | −3.1% | +19% | +25% |
| 2009 | −4.1% | +22% | +31% |
| 2008 | 0% | +28% | +36% |
| 2007 | +2.6% | +28% | +38% |
| 2006 | +2.2% | +24% | +36% |
| 2005 | +8.5% | +22% | +32% |
| 2004 | +5.4% | +12% | +21% |
| 2003 | +2.6% | +6.3% | +13% |
| 2002 | +1.3% | +3.6% | +9.3% |
| 2001 | +2.3% | +2.3% | +5.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 54451, 54498, covering 86% of Hammel’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
1 new home permitted in 2025
Builders were permitted 1 new home in Hammel in 2025. Over the past 10 years, Hammel has permitted 13 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $100,000 |
| 2025 | 1 | 1 | 0 | $100,000 |
| 2024 | 1 | 1 | 0 | $350,000 |
| 2023 | 1 | 1 | 0 | $339,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 2 | 2 | 0 | $240,000 |
| 2020 | 2 | 2 | 0 | $650,000 |
| 2019 | 2 | 2 | 0 | $400,000 |
| 2018 | 2 | 2 | 0 | $400,000 |
| 2017 | 1 | 1 | 0 | $197,000 |
| 2016 | 1 | 1 | 0 | $250,000 |
| 2015 | 3 | 3 | 0 | $434,000 |
| 2014 | 2 | 2 | 0 | $309,000 |
| 2013 | 2 | 2 | 0 | $167,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Hammel and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Hammel | — | +18.2%† | $1,020 | 1 | $82,857 |
| Medford | $246K | +9.3% | $1,000 | 4 | $89,479 |
| Molitor | — | +18.2%† | $1,000 | 1 | $81,563 |
| Grover | — | +18.2%† | $1,030 | 3 | $91,250 |
| Holway | — | — | $1,030 | 3 | $73,750 |
† 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 $1,020
HUD's Fair Market Rent for a two-bedroom in Hammel is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $730 · 4 bedrooms $1,610
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54451, 54498; Wausau, WI MSA), 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.