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Housing in Winchester

A typical Winchester home is worth roughly $395,000

Typical home value
$395K
WI $340K
Estimate
2-bedroom rent
$1,180
a month, utilities in · HUD
Median tax bill
$2,410
WI $3,792

What kind of housing town is Winchester?

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

★ What stands out · The homes

95% of Winchester households own their home

Half of Winchester’s homes were built before 1981.

Owners and renters
Own 95%Rent 5%

Wisconsin: 68% own.

1981
typical home built · WI 1975
$2,410
median property tax bill · WI $3,792
0.61%
of a home’s value, a year in tax · WI 1.42%
64%
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

A typical home costs 5.7 years of income

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

You could afford about
$280,000
Typical Winchester home $395K

That’s $115K short of a typical Winchester home.

The typical home, each month
$2,270
Loan $1,960Tax $200Insurance $120

A two-bedroom rents for about $1,180 a month here, $1,090 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Winchester’s typical property tax (0.61% 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 $1,180

Fair Market Rent a month, utilities included

Studio$920
1 bedroom$940
2 bedrooms$1,180
3 bedrooms$1,440
4 bedrooms$1,610
5%
of households rent · WI 32%
10
renter households

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

Winchester vs. its neighbors

Winchester 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
Winchester$395K*—$1,180—$68,889
Presque Isle$504K+12.1%$1,14018$88,125
Bessemer$114K+4%$9902$56,016
Manitowish Waters$756K+15.8%$1,28016$71,932
Mercer$317K+8.7%$1,130—$63,281

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 Winchester buyers, sellers and renters are saying.

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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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