Pilsen, WI housing market
Home prices around Pilsen have risen about 54% over the past 5 years. Builders were permitted 1 new home in 2025.
Home values, sales, trends and how Pilsen compares with the towns next door — updated as new data is published.
Home prices up 54% in 5 years
The federal house price index for the ZIP codes around Pilsen rose 54% over the past 5 years, slower than across Wisconsin (57%). Last year prices fell 3.3%.
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| Year | Change that year | Since 2000 | Wisconsin since 2000 |
|---|---|---|---|
| 2025 | −3.3% | +145% | +143% |
| 2024 | +17% | +154% | +131% |
| 2023 | +6.3% | +117% | +116% |
| 2022 | +18% | +104% | +95% |
| 2021 | +8.8% | +74% | +70% |
| 2020 | +0.9% | +60% | +54% |
| 2019 | +6.1% | +58% | +50% |
| 2018 | −2.4% | +49% | +43% |
| 2017 | +6.1% | +53% | +36% |
| 2016 | −2.2% | +44% | +29% |
| 2015 | +4.9% | +47% | +24% |
| 2014 | +2.9% | +40% | +21% |
| 2013 | −4.4% | +36% | +19% |
| 2012 | +0.2% | +43% | +19% |
| 2011 | −3.1% | +42% | +21% |
| 2010 | −2.8% | +47% | +25% |
| 2009 | +0.6% | +51% | +31% |
| 2008 | −1.2% | +50% | +36% |
| 2007 | 0% | +52% | +38% |
| 2006 | +6.4% | +52% | +36% |
| 2005 | +6.9% | +43% | +32% |
| 2004 | +9.6% | +34% | +21% |
| 2003 | +3.5% | +22% | +13% |
| 2002 | +5.3% | +18% | +9.3% |
| 2001 | +12% | +12% | +5.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 54806, 54847, 54856, covering 82% of Pilsen’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
1 new home permitted in 2025
Builders were permitted 1 new home in Pilsen in 2025. Over the past 10 years, Pilsen has permitted 6 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $175,000 |
| 2025 | 1 | 1 | 0 | $175,000 |
| 2024 | 1 | 1 | 0 | $70,000 |
| 2023 | 1 | 1 | 0 | $70,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $200,000 |
| 2019 | 1 | 1 | 0 | $89,000 |
| 2018 | 1 | 1 | 0 | $125,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Pilsen and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Pilsen | — | −3.3%† | $1,040 | 1 | $93,333 |
| Eileen | — | +3.1%† | $1,030 | — | $93,438 |
| Iron River | $297K | +0.2% | $1,050 | — | $57,685 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $1,040
HUD's Fair Market Rent for a two-bedroom in Pilsen is $1,040 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $750 · 4 bedrooms $1,560
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54806, 54847, 54856; Ashland 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. 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.