Location: Wood County, WI | Metro: Juneau County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
The real estate market in ZIP code 54413 presents a complex picture that requires careful consideration for both landlords and small-portfolio investors. The median home value is currently not available, which suggests either limited data or a market that is still developing. This absence of a clear median home value, combined with the fact that N/A% of listings are reduced, indicates a market where sellers might be adjusting their expectations due to the lack of consistent demand signals. The median days on the market (DOM) being N/A days points towards a balanced or slightly buyer-friendly environment, where homes are taking longer to sell than they might in a hot market.
On the rental side, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $980. However, the current market rent for ZIP 54413 is also not available, leaving a gap in understanding how rents are performing relative to the FMR. If the actual market rent is below $980, it could indicate that there is room for growth, especially if the local economy strengthens or attracts more residents. Conversely, if market rents are already above $980, it might suggest a robust rental market that could continue to support higher rents.
For long-term investors looking to hold properties in ZIP 54413, the setup implies a cautious approach to appreciation. Without concrete figures on median home values and market rents, it's challenging to build a strong appreciation thesis. However, the potential for rental income growth, assuming it aligns with or exceeds the FMR, provides a stable cash flow component. The key will be monitoring economic indicators and local housing trends to gauge whether there is a shift towards more favorable conditions for appreciation.
Landlords should focus on maintaining competitive rental rates while keeping an eye on the broader economic context. Small-portfolio investors should consider diversifying their investments geographically or by property type to mitigate risks associated with uncertain market conditions. The lack of definitive data on home values and rental rates underscores the importance of staying informed and adaptable in the face of changing market dynamics.
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.