Housing · Mentor

Mentor, WI housing market

Builders were permitted 3 new homes in 2025.

Home values, sales, trends and how Mentor compares with the towns next door — updated as new data is published.

New construction

3 new homes permitted in 2025

Builders were permitted 3 new homes in Mentor in 2025, all single-family houses, worth about $1.1 million to build. Over the past 10 years, Mentor has permitted 23 homes in all.

New homes, 2025
3
3 in 2024
2026 so far
3
Jan–Aug
Single-family
100%
of 2025’s new homes
Single-family2026 so far
02468 2003: 1 home 2003 2004: 7 homes 2005: 5 homes 2005 2006: 2 homes 2007: 2 homes 2008: 0 homes 2009: 0 homes 2010: 0 homes 2010 2011: 0 homes 2012: 0 homes 2013: 0 homes 2014: 0 homes 2015: 0 homes 2015 2016: 2 homes 2017: 2 homes 2018: 3 homes 2019: 3 homes 2020: 2 homes 2020 2021: 1 home 2022: 2 homes 2023: 2 homes 2024: 3 homes 2025: 3 homes 2025 2026 so far: 3 homes

Homes vs. people, 2010–2020

Residents−38
New homes+10

Between the 2010 and 2020 censuses, Mentor's population fell by 38 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. 21% of Mentor's homes are seasonal or vacation homes, which adds housing without adding residents. Across Wisconsin: 1.3 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)330$1.1 million
2025330$1.1 million
2024330$1.1 million
2023220$190,000
2022220$547,000
2021110$285,000
2020220$475,000
2019330$644,000
2018330$644,000
2017220$499,000
2016220$499,000
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007220$300,000
2006220$180,000
2005550$535,000
2004770$700,000
2003110$400,000

Mentor's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Nearby

Mentor and its neighbors

The towns that share a border. Tap one to see its housing page.
Town1-yr change2-bed rentNew homes 2025Median income
Mentor — $1,170 3 $60,357
Hewett +10.3%† $980 3 $79,821
Alma — $1,030 8 $76,029
Foster — $1,220 1 $61,771

† FHFA price index change, where Zillow has no home value for the town.

The homes

Owners, rent & taxes

Homeownership
80.9%
Median tax bill
$2,158
Median rent
$1,125
Typical home built
1965

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

Renting

A two-bedroom rents for about $1,170

HUD's Fair Market Rent for a two-bedroom in Mentor is $1,170 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mentor pay a median of $1,125.

1 bedroom
$910
a month, with utilities
2 bedrooms
$1,170
a month, with utilities
3 bedrooms
$1,470
a month, with utilities

Studio $860 · 4 bedrooms $1,690

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54493, 54746; Clark 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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

The door’s open

Where to, neighbor?

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01