Waterville, WI housing market
Builders were permitted 2 new homes in 2025.
Home values, sales, trends and how Waterville compares with the towns next door — updated as new data is published.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Waterville in 2025, all single-family houses. Over the past 10 years, Waterville has permitted 19 homes in all.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 2 | 2 | 0 | $683,000 |
| 2024 | 2 | 2 | 0 | $641,000 |
| 2023 | 1 | 1 | 0 | $303,000 |
| 2022 | 5 | 5 | 0 | $1.4 million |
| 2021 | 3 | 3 | 0 | $734,000 |
| 2020 | 3 | 3 | 0 | $713,000 |
| 2019 | 2 | 2 | 0 | $541,000 |
| 2018 | 1 | 1 | 0 | $215,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $275,000 |
| 2014 | 2 | 2 | 0 | $560,000 |
| 2013 | 2 | 2 | 0 | $1.9 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Waterville and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Waterville | — | — | $1,500 | 2 | $75,061 |
| Durand | $258K | +6.4% | $970 | 5 | $100,417 |
| Frankfort | — | — | $1,520 | 2 | $74,375 |
| Eau Galle | $329K | +4.8% | $1,370 | 3 | $90,500 |
| Waubeek | — | +5.9%† | $1,180 | 1 | $98,750 |
| Union | — | +6.9%† | $1,520 | — | $94,750 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,500
HUD's Fair Market Rent for a two-bedroom in Waterville is $1,500 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Waterville pay a median of $927, so moving in tends to cost more than staying put.
Studio $1,090 · 4 bedrooms $2,250
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54721, 54736; Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area), 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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.