Lorain, WI housing market
Home prices around Lorain have risen about 59% over the past 5 years. Builders were permitted 2 new homes in 2025.
Home values, sales, trends and how Lorain compares with the towns next door — updated as new data is published.
Home prices up 59% in 5 years
The federal house price index for the ZIP code around Lorain rose 59% over the past 5 years, about the same as across Wisconsin. Last year prices rose 7.1%.
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| Year | Change that year | Since 2000 | Wisconsin since 2000 |
|---|---|---|---|
| 2025 | +7.1% | +161% | +143% |
| 2024 | +13% | +144% | +131% |
| 2023 | −2.4% | +116% | +116% |
| 2022 | +22% | +122% | +95% |
| 2021 | +11% | +82% | +70% |
| 2020 | +7.7% | +64% | +54% |
| 2019 | +1.2% | +52% | +50% |
| 2018 | +1.7% | +51% | +43% |
| 2017 | +21% | +48% | +36% |
| 2016 | +7.5% | +23% | +29% |
| 2015 | −3.5% | +14% | +24% |
| 2014 | +8.7% | +18% | +21% |
| 2013 | −2.9% | +8.7% | +19% |
| 2012 | −4.9% | +12% | +19% |
| 2011 | −6.2% | +18% | +21% |
| 2010 | −9.2% | +26% | +25% |
| 2009 | −1.7% | +38% | +31% |
| 2008 | +1.3% | +41% | +36% |
| 2007 | −0.5% | +39% | +38% |
| 2006 | −0.7% | +40% | +36% |
| 2005 | +3.1% | +41% | +32% |
| 2004 | +16% | +36% | +21% |
| 2003 | +5.2% | +17% | +13% |
| 2002 | +1.4% | +12% | +9.3% |
| 2001 | +10% | +10% | +5.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 54837, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Lorain in 2025, all single-family houses. Over the past 10 years, Lorain has permitted 12 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $367,000 |
| 2025 | 2 | 2 | 0 | $734,000 |
| 2024 | 1 | 1 | 0 | $321,000 |
| 2023 | 2 | 2 | 0 | $606,000 |
| 2022 | 3 | 3 | 0 | $820,000 |
| 2021 | 1 | 1 | 0 | $238,000 |
| 2020 | 2 | 2 | 0 | $475,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $275,000 |
| 2016 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Lorain and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Lorain | +7.1%† | $1,000 | 2 | $75,750 |
| La Follette | +4.6%† | $1,030 | — | $71,346 |
| McKinley | +16.1%† | $1,060 | — | $54,821 |
| Clam Falls | +7.1%† | $1,000 | 4 | $86,250 |
| Dewey | −5.8%† | $1,070 | — | $61,250 |
† 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 Lorain is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $690 · 4 bedrooms $1,510
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54837; 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.