Appleton housing market

Buyer's marketAppleton, WI metro areaData through Sep 2026
Typical home value
$349K
▲ 5.2% 1 yr
Typical rent
$1,197/mo
▲ 6.8% 1 yr
12-month forecast
+5.0%
#16 of 546 metros
Gross rent yield
4.1%
#498 of 546 · U.S. 6.3%
Days to pending
53 days
1 yr
Listings with a price cut
13%
▲ +0.4 pts 1 yr

Key takeaways

  • 1The typical home is worth $348,640, up 5.2% in a year and up 40% over five years.
  • 2Zillow forecasts home values rising 5.0% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,197/mo (+6.8% YoY), a 4.1% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,916/mo in principal and interest, $719 more than renting.
  • 5Homes go under contract in 53 days; 13% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 39/100, #298 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $349K
$181K$233K$285K$337K2016201920222025
Typical monthly rent
Latest $1,197
$905$996$1,086$1,17720222023202420252026

How fast homes are selling

Days to go under contract
Latest 53
466073872026
Share of listings with a price cut
Latest 13.0%
5.1%8.0%10.9%13.7%20182020202220242026
Homes for sale vs new listings
Latest 807
For saleNew listings
1755439111,27920182020202220242026
Share of homes sold above list price
Latest 48.1%
44.4%48.6%52.9%57.1%2026

Affordability

Household income needed to buy vs rent
Latest $97K
To buy (20% down)To rent
$40K$57K$75K$93K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Appleton compares

MeasureAppletonUnited StatesRank of 546
Home value, 1-yr change+5.2%+1.2%#60
Home value, 5-yr change+40.3%+19.7%
12-month forecast+5.0%+1.1%#16
Rent, 1-yr change+6.8%+2.7%#57
Gross rent yield4.1%6.3%#498
Price-to-rent ratio24.315.8
Mortgage P&I on typical home$1,916$2,012
Income needed to buy$96,999$100,902
Days to pending5356

Cities in the Appleton metro

1 cities with home value and rent data.

Appleton$305K▲ 5.3%$1,185▲ 8.0%4.7%

Run the numbers

Other Wisconsin metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.