A typical Montello home is worth roughly $193,000
Home prices around Montello have risen about 69% over the past 5 years. Builders were permitted 3 new homes in 2025.
What kind of housing town is Montello?
Read from the numbers below. The page puts what stands out first.
A typical home costs 3.5 years of income
Less than across Wisconsin (4.4 years). Try your own numbers below.
That covers a typical Montello home, with $10K to spare.
A two-bedroom rents for about $970 a month here, $280 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Montello’s typical property tax (1.47% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 69% in 5 years
The federal house price index for the ZIP code around Montello rose 69% over the past 5 years, faster than across Wisconsin (57%). Last year prices rose 5.2%. Carrying the Census median home value forward with that index puts the typical Montello home at roughly $193,000 today.
Carrying the Census median forward with the index puts a typical home at about $193K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Montello, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $970
Renters already here pay a median of $638, 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 (Green Lake County, WI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
3 new homes permitted in 2025
Builders were permitted 3 new homes in Montello in 2025, all single-family houses, worth about $1 million to build. That's 2.1 per 1,000 residents, slower than across Wisconsin (4.3). Over the past 10 years, Montello has permitted 15 homes in all.
Between the 2010 and 2020 censuses, Montello's population fell by 47 even though 8 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 16% of Montello's homes are seasonal or vacation homes, which adds housing without adding residents. 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 | $342,000 |
| 2025 | 3 | 3 | 0 | $1 million |
| 2024 | 4 | 2 | 2 | $850,000 |
| 2023 | 2 | 2 | 0 | $606,000 |
| 2022 | 1 | 1 | 0 | $273,000 |
| 2021 | 1 | 1 | 0 | $245,000 |
| 2020 | 2 | 2 | 0 | $475,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 1 | 1 | 0 | $200,000 |
| 2017 | 1 | 1 | 0 | $250,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $250,000 |
| 2014 | 1 | 1 | 0 | $250,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 2 | 0 | 2 | $200,000 |
| 2010 | 2 | 2 | 0 | $70,000 |
| 2009 | 3 | 3 | 0 | $251,000 |
| 2008 | 2 | 2 | 0 | $200,000 |
| 2007 | 3 | 3 | 0 | $440,000 |
| 2006 | 3 | 3 | 0 | $380,000 |
| 2005 | 3 | 3 | 0 | $291,000 |
| 2004 | 27 | 7 | 20 | $1.9 million |
| 2003 | 4 | 2 | 2 | $233,000 |
| 2002 | 6 | 6 | 0 | $601,000 |
| 2001 | 27 | 7 | 20 | $1.8 million |
| 2000 | 4 | 4 | 0 | $392,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
2 of Montello’s houses are on the National Register
Half of Montello’s homes were built before 1971.
Wisconsin: 68% own.
U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.
Neighbors talk housing
What Montello 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. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.