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Housing in Oma

A typical Oma home is worth roughly $296,000

Typical home value
$296K
WI $340K
Estimate
2-bedroom rent
$1,070
a month, utilities in · HUD
Median tax bill
$3,059
WI $3,792

What kind of housing town is Oma?

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

★ What stands out · The homes

99% of Oma households own their home

Half of Oma’s homes were built before 1980.

Owners and renters
Own 99%Rent 1%

Wisconsin: 68% own.

1980
typical home built · WI 1975
$3,059
median property tax bill · WI $3,792
59%
of homes are seasonal or vacation homes

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

Affordability

What it takes to buy in Oma

Try your own numbers below.

You could afford about
$279,000
Typical Oma home $296K

That’s $16K short of a typical Oma home.

The typical home, each month
$1,900
Loan $1,460Tax $350Insurance $90

A two-bedroom rents for about $1,070 a month here, $830 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Wisconsin typical property tax (1.42% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,070

Fair Market Rent a month, utilities included

Studio$760
1 bedroom$840
2 bedrooms$1,070
3 bedrooms$1,330
4 bedrooms$1,650
1%
of households rent · WI 32%

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Iron County, WI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Oma vs. its neighbors

Oma is the 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Oma$296K*—$1,070—$70,000
Erwin—+7%†$9700$67,500
Ironwood$83K*+7%†$9701$41,250
Mercer$317K+8.7%$1,130—$63,281
Winchester$395K*—$1,180—$68,889
Hurley$134K+1.1%$9701$47,083

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 Oma buyers, sellers and renters are saying.

Town Square →
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Is Oma still affordable for young families?

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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. 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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