Thorp, WI housing market
Home prices around Thorp have risen about 54% over the past 5 years. Builders were permitted 12 new homes in 2025.
Home values, sales, trends and how Thorp 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 code around Thorp rose 54% over the past 5 years, slower than across Wisconsin (57%). Last year prices rose 1.2%. Carrying the Census median home value forward with that index puts the typical Thorp home at roughly $260,000 today.
Show as a table
| Year | Change that year | Since 2000 | Wisconsin since 2000 |
|---|---|---|---|
| 2025 | +1.2% | +221% | +143% |
| 2024 | +7.8% | +217% | +131% |
| 2023 | +9.4% | +194% | +116% |
| 2022 | +20% | +169% | +95% |
| 2021 | +7.8% | +125% | +70% |
| 2020 | +4.1% | +108% | +54% |
| 2019 | +1.3% | +100% | +50% |
| 2018 | +5.3% | +98% | +43% |
| 2017 | +8.9% | +88% | +36% |
| 2016 | +7.1% | +72% | +29% |
| 2015 | −3.2% | +61% | +24% |
| 2014 | +5.2% | +66% | +21% |
| 2013 | −2% | +58% | +19% |
| 2012 | −0.4% | +61% | +19% |
| 2011 | −4% | +62% | +21% |
| 2010 | +0.8% | +69% | +25% |
| 2009 | −2.2% | +67% | +31% |
| 2008 | +1.3% | +71% | +36% |
| 2007 | +5.9% | +69% | +38% |
| 2006 | +1% | +59% | +36% |
| 2005 | +8.5% | +58% | +32% |
| 2004 | +5.5% | +45% | +21% |
| 2003 | +6.3% | +38% | +13% |
| 2002 | +4.2% | +30% | +9.3% |
| 2001 | +24% | +24% | +5.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 54771, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
12 new homes permitted in 2025
Builders were permitted 12 new homes in Thorp in 2025: 2 single-family houses and 10 in buildings with two or more homes, worth about $1.5 million to build. That's 7.5 per 1,000 residents, faster than across Wisconsin (4.3). Over the past 10 years, Thorp has permitted 30 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Thorp gained 174 residents while 15 new homes were permitted: about 12 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.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 12 | 4 | 8 | $2.6 million |
| 2025 | 12 | 2 | 10 | $1.5 million |
| 2024 | 6 | 0 | 6 | $900,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 7 | 7 | 0 | $839,000 |
| 2021 | 2 | 0 | 2 | $225,000 |
| 2020 | 1 | 1 | 0 | $360,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 1 | 1 | 0 | $340,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $162,000 |
| 2015 | 2 | 2 | 0 | $310,000 |
| 2014 | 1 | 1 | 0 | $350,000 |
| 2013 | 1 | 1 | 0 | $250,000 |
| 2012 | 3 | 3 | 0 | $599,000 |
| 2011 | 3 | 1 | 2 | $320,000 |
| 2010 | 3 | 1 | 2 | $300,000 |
| 2009 | 1 | 1 | 0 | $106,000 |
| 2008 | 8 | 8 | 0 | $680,000 |
| 2007 | 4 | 2 | 2 | $395,000 |
| 2006 | 1 | 1 | 0 | $175,000 |
| 2005 | 3 | 3 | 0 | $490,000 |
| 2004 | 7 | 7 | 0 | $1 million |
| 2003 | 5 | 5 | 0 | $532,000 |
| 2002 | 5 | 5 | 0 | $565,000 |
| 2001 | 14 | 2 | 12 | $926,000 |
| 2000 | 7 | 3 | 4 | $565,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Thorp and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Thorp | — | +1.2%† | $1,000 | 12 | $53,424 |
| Thorp | $247K | +10.8% | $1,020 | 3 | $57,750 |
| Withee | — | +1.2%† | $1,010 | 2 | $94,583 |
† FHFA price index change, where Zillow has no home value for the town.
3 years of income
The typical Thorp home costs about 3 years of the town's median household income, less than across Wisconsin (4.4 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,000
HUD's Fair Market Rent for a two-bedroom in Thorp is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Thorp pay a median of $789, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.
Studio $740 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54771; 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. 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.