Housing and Construction Table 11 National Affordability Index (First Quarter 2026)
Years
Median Price Existing Single Family Home
Mortgage Rate Monthly P & I Payment
Payment as % of Income
Median Family Income
Qualifying Income
Composite
2025 - Q1 2026 - Q1
$396,600 $412,400
6.9 6.6
$2,090 $2,034
25.0 22.0
$100,281 $111,002
$100,320 $97,632
100
113.7
Description: • Composite Index measures affordability. An index of 150 means that a family earning the median family income has 150% of income necessary to qualify for a conventional loan covering 80% of a median price single-family home. Analysis: • Despite increasing median home prices, affordability improved modestly over the last year with median family incomes rising and mortgage rates declining over the year. • Wisconsin residents relative to the nation enjoy greater housing affordability with a composite of 127 and a lower state median housing price of $337,000 (wra.org).
Table 12 Median Home Prices and Home Sales (First Quarter 2026) Wisconsin Marathon Portage
Wood
2026 Q1
% ∆ Yr. Ago
2026 Q1
% ∆ Yr. Ago
2026 Q1
% ∆ Yr. Ago
2026 Q1
% ∆ Yr. Ago
Median Home Prices
$320,000
6.5% $275,000 11.8% $284,950
3.6% $220,000 10.0%
Home Sales
12,109
4.0% 252
8.6% 120
25.0% 154
0.6%
Description: • Above table gives median home prices and sales for the state of Wisconsin and counties of Central Wisconsin. • If you list home prices from lowest to highest, the median home price is at the halfway point. Analysis: • Median home prices have risen significantly compared to a year ago in Marathon and Wood counties. • Home sales for Q1 2026 compared to Q1 2025 increased significantly in Portage and Marathon counties but were flat in Wood County.
20
Center for Business and Economic Insight
Made with FlippingBook Learn more on our blog