Location: Marinette County, WI | Metro: Oconto County, WI HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 54104 is poised for stability and potential growth over the next 12 to 24 months, anchored by a median home value of $200,528. This figure suggests that the area remains accessible for both first-time buyers and investors looking to capitalize on affordable entry points. The fact that the percentage of listings reduced is currently at N/A%, coupled with a median days on market (DOM) of N/A days, indicates a balanced market where neither buyers nor sellers hold overwhelming pricing power. In essence, homes are selling at their listed prices, and there's no significant trend of price reductions, which signals a healthy demand for properties in this region.
On the rental side, the Fair Market Rent (FMR) for ZIP 54104 is set at $910 for fiscal year 2024. Given that the current market rent is also at N/A, it's reasonable to infer that rental rates are closely aligned with federal guidelines, reflecting a stable rental market. This alignment suggests that landlords can expect steady occupancy rates and stable income streams without the need for frequent rent adjustments to attract tenants.
For long-hold investors, the setup in ZIP 54104 supports a realistic appreciation thesis. With a median home value that is already relatively low compared to many other regions, there's room for growth as the local economy strengthens and attracts new residents. Additionally, the stable rental market provides a solid foundation for rental income, which can be a reliable source of cash flow while waiting for property values to appreciate. However, the exact rate of appreciation cannot be determined solely from the provided data; it depends on broader economic factors and local developments.
In summary, the combination of a moderate median home value, balanced market conditions, and stable rental rates in ZIP 54104 points towards a favorable environment for investment. Landlords and small-portfolio investors can anticipate consistent returns from rental income and the potential for gradual property value appreciation over time.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.