A typical Milltown home is worth roughly $123,000
Builders were permitted 4 new homes in 2025.
What kind of housing town is Milltown?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.9 years of income
Less than across Wisconsin (4.4 years). Try your own numbers below.
That covers a typical Milltown home, with $22K to spare.
A two-bedroom rents for about $1,000 a month here, $170 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Milltown’s typical property tax (1.83% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,000
Renters already here pay a median of $715, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Polk County, WI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
4 new homes permitted in 2025
Builders were permitted 4 new homes in Milltown in 2025, all single-family houses. Over the past 10 years, Milltown has permitted 11 homes in all.
Between the 2010 and 2020 censuses, Milltown gained 31 residents while 5 new homes were permitted: about 6.2 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Wisconsin: 1.3 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $111,000 |
| 2025 | 4 | 4 | 0 | $444,000 |
| 2024 | 1 | 1 | 0 | $348,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 1 | 1 | 0 | $121,000 |
| 2020 | 1 | 1 | 0 | $75,000 |
| 2019 | 3 | 3 | 0 | $325,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $300,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $150,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $55,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 3 | 3 | 0 | $343,000 |
| 2005 | 4 | 4 | 0 | $610,000 |
| 2004 | 5 | 5 | 0 | $648,000 |
| 2003 | 12 | 12 | 0 | $1.1 million |
| 2002 | 2 | 2 | 0 | $290,000 |
| 2001 | 2 | 2 | 0 | $250,000 |
| 2000 | 3 | 1 | 2 | $239,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
62% of Milltown households own their home
Half of Milltown’s homes were built before 1973.
Wisconsin: 68% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Milltown buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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 calculator is an estimate, not a loan offer.