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Housing in Homestead

A typical Homestead home is worth roughly $180,000

Home prices around Homestead have risen about 39% over the past 5 years.

Typical home value
$180K
▼ 10.5% in a year · WI $340K
Estimate
2-bedroom rent
$1,110
a month, utilities in · HUD
Median tax bill
$2,019
WI $3,792

What kind of housing town is Homestead?

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

★ What stands out · Price trend

Home prices up 39% in 5 years

The federal house price index for the ZIP codes around Homestead rose 39% over the past 5 years, slower than across Wisconsin (57%). Last year prices fell 10%.

Homestead areaWisconsin
−50%0%+50%+100%+150%200320052010201520202025
−10%
past year
+39%
past 5 years
+60%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Homestead, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

98% of Homestead households own their home

Half of Homestead’s homes were built before 1978.

Owners and renters
Own 98%Rent 2%

Wisconsin: 68% own.

1978
typical home built · WI 1975
$2,019
median property tax bill · WI $3,792
1.12%
of a home’s value, a year in tax · WI 1.42%
54%
of homes are seasonal or vacation homes

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

Affordability

A typical home costs 2.6 years of income

Less than across Wisconsin (4.4 years). Try your own numbers below.

You could afford about
$264,000
Typical Homestead home $180K

That covers a typical Homestead home, with $85K to spare.

The typical home, each month
$1,110
Loan $890Tax $170Insurance $50

A two-bedroom rents for about $1,110 a month here, $0 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Homestead’s typical property tax (1.12% 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 $1,110

Fair Market Rent a month, utilities included

Studio$790
1 bedroom$850
2 bedrooms$1,110
3 bedrooms$1,370
4 bedrooms$1,530
2%
of households rent · WI 32%
2
renter households

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

Next door

Homestead vs. its neighbors

Homestead is the 3rd priciest of 6 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Homestead$180K*−10.5%†$1,110—$69,750
Fence$184K+10.9%$1,090—$51,534
Aurora$163K*+20.1%†$1,070—$78,935
Goodman$150K+3%$1,0202$49,167
Commonwealth$161K*−10.8%†$1,120—$60,515
Dunbar$196K+9.9%$1,1004$54,688

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Homestead buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Homestead 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. 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. The calculator is an estimate, not a loan offer.

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