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Housing in Underhill

A typical Underhill home is worth roughly $166,000

Home prices around Underhill have risen about 78% over the past 5 years.

Typical home value
$166K
▼ 0% in a year · WI $340K
Estimate
2-bedroom rent
$980
a month, utilities in · HUD
Median tax bill
$1,926
WI $3,792

What kind of housing town is Underhill?

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

★ What stands out · Affordability

A typical home costs 2.5 years of income

Less than across Wisconsin (4.4 years). Try your own numbers below.

You could afford about
$244,000
Typical Underhill home $166K

That covers a typical Underhill home, with $78K to spare.

The typical home, each month
$1,030
Loan $820Tax $160Insurance $50

A two-bedroom rents for about $980 a month here, $50 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Underhill’s typical property tax (1.16% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

91% of Underhill households own their home

Half of Underhill’s homes were built before 1978.

Owners and renters
Own 91%Rent 9%

Wisconsin: 68% own.

1978
typical home built · WI 1975
$1,926
median property tax bill · WI $3,792
1.16%
of a home’s value, a year in tax · WI 1.42%
29%
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.

Price trend

Home prices up 78% in 5 years

The federal house price index for the ZIP codes around Underhill rose 78% over the past 5 years, faster than across Wisconsin (57%). Prices were about flat last year.

Underhill areaWisconsin
0%+50%+100%+150%200020052010201520202025
0%
past year
+78%
past 5 years
+98%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Underhill, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $980

Renters already here pay a median of $688, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$720
1 bedroom$810
2 bedrooms$980
3 bedrooms$1,280
4 bedrooms$1,300
9%
of households rent · WI 32%
12
renter households
$688
median rent paid today · Census

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

Next door

Underhill vs. its neighbors

Underhill is the 3rd least expensive of 7 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Underhill$166K*−0%†$980$65,000
Gillett$247K+8.4%$980$70,823
How$212K*+1.4%†$980$81,125
Legend Lake$130K*—$970$80,184
Washington$208K*—$1,070$62,096
Menominee$110K*——$62,108
Wescott$219K*+3.5%†$970$72,738

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 Underhill buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Underhill still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

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. 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. The calculator is an estimate, not a loan offer.

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