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Housing in Luck

A typical Luck home is worth roughly $202,000

Home prices around Luck have risen about 63% over the past 5 years. Builders were permitted 7 new homes in 2025.

Typical home value
$202K
▲ 2.1% in a year · WI $340K
Estimate
2-bedroom rent
$1,010
a month, utilities in · HUD
Median tax bill
$2,570
WI $3,792

What kind of housing town is Luck?

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

★ What stands out · Affordability

A typical home costs 2.9 years of income

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

You could afford about
$247,000
Typical Luck home $202K

That covers a typical Luck home, with $45K to spare.

The typical home, each month
$1,320
Loan $1,000Tax $260Insurance $60

A two-bedroom rents for about $1,010 a month here, $310 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Luck’s typical property tax (1.53% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 63% in 5 years

The federal house price index for the ZIP code around Luck rose 63% over the past 5 years, faster than across Wisconsin (57%). Last year prices rose 2.1%. Carrying the Census median home value forward with that index puts the typical Luck home at roughly $202,000 today.

Luck areaWisconsin
0%+50%+100%+150%+200%200020052010201520202025
+2.1%
past year
+63%
past 5 years
+107%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $202K.

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

Renting

A two-bedroom rents for about $1,010

Renters already here pay a median of $931.

Fair Market Rent a month, utilities included

Studio$700
1 bedroom$770
2 bedrooms$1,010
3 bedrooms$1,250
4 bedrooms$1,540
35%
of households rent · WI 32%
155
renter households
31%
of renters spend 30%+ of income on rent · WI 44%
18%
of the median income, for a two-bedroom
$931
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Burnett 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

7 new homes permitted in 2025

Builders were permitted 7 new homes in Luck in 2025, all single-family houses, worth about $2.6 million to build. That's 6.2 per 1,000 residents, faster than across Wisconsin (4.3). Over the past 10 years, Luck has permitted 17 homes in all.

Single-family
02468 200020052010201520202025
7
new homes permitted in 2025
3
2026 so far (Jan–Aug)
6.2
per 1,000 residents · WI 4.3
17
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−26
New homes+10

Between the 2010 and 2020 censuses, Luck's population fell by 26 even though 10 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Wisconsin: 1.3 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)330$1.1 million
2025770$2.6 million
2024220$1.1 million
2023110$399,000
2022000—
2021000—
2020220$557,000
2019110$185,000
2018440$811,000
2017000—
2016000—
2015110$129,000
2014000—
2013110$80,000
2012000—
2011110$100,000
2010220$430,000
2009220$430,000
2008110$300,000
2007000—
2006110$200,000
2005330$385,000
2004770$1.2 million
2003770$954,000
2002770$845,000
2001770$845,000
2000220$332,000

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

The homes

65% of Luck households own their home

Half of Luck’s homes were built before 1973.

Owners and renters
Own 65%Rent 35%

Wisconsin: 68% own.

1973
typical home built · WI 1975
$2,570
median property tax bill · WI $3,792
1.53%
of a home’s value, a year in tax · WI 1.42%
10%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Luck vs. its neighbors

The towns that share a border with Luck. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Luck$202K*+2.1%†$1,0107$68,606
Milltown$293K+1.3%$1,060—$63,889

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 Luck buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Luck 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. 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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