$50,000
7153 County Road H Lot 002-0265
Arena, WI
Land1.00 acres
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Compass Real Estate · Arena, WI
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Arena, WI(512) 555-0184TX License #0512847
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Arena, WI Housing Market
Balanced market+3.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Arena, WI is worth $342,966, rose 3.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $230,000 (through May 2026). With homes going under contract in about 28 days, Arena is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $342,966 home is about $1,831/mo in principal and interest.
Key numbers for Arena, WI
Typical home value
$342,966
+3.7% in 12 months
Zillow, August 2026
Median sale price
$230,000
Last published period
Redfin, through May 2026
Days on market
28
Average pace
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$67,917
Home costs 5.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Arena a buyer's or seller's market?
Balanced market28 days on market100.0% of asking
Arena, WI is a balanced market and homes selling in about 28 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Arena housing market data show?
Every row below is Redfin's final published month for Arena, WI. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $230,000 |
| Median list price | $419,900 |
| Median price per sq ft | $177/sq ft |
| Median days on market | 28 days |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Arena is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Arena is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Arena home prices moved?
Over the last three years the median sale price in Arena, WI rose 26.7%, from $181,500 to $230,000. The live Zillow value series has rose 3.7% in the last 12 months, which is the more current read now that Redfin's series has stopped.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Arena?
Priced off the typical home value of $342,966 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $68,593 | $274,373 | $1,831/mo |
| 5% | $17,148 | $325,818 | $2,174/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,831, that implies roughly $78,469 a year before you add taxes and insurance. The median household in Arena earns $67,917, about $10,552 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Arena in the next 12 months?
Tell us your timeline. We send the Arena market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Arena?
Zillow does not publish a rent index (ZORI) for Arena, WI, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Arena?
Active listings in Arena, WI went from 2 in September 2024 to 3 in April 2026, a +50.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| October 2024 | 3 | 2 |
| December 2024 | 5 | 1 |
| January 2025 | 4 | not published |
| February 2025 | 3 | not published |
| April 2025 | 3 | not published |
| June 2025 | 4 | 3 |
| July 2025 | 2 | 1 |
| September 2025 | 3 | not published |
| December 2025 | 2 | not published |
| February 2026 | 3 | 2 |
| March 2026 | 2 | 1 |
| April 2026 | 3 | 2 |
Redfin, through April 2026
How does Arena compare to Wisconsin and the U.S.?
Arena homes sell for $230,000 — 36% below the Wisconsin median of $361,600. Against the national median of $410,700, Arena runs 44% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Arena, WI | $230,000 | not published | 28 days |
| Wisconsin statewide | $361,600 | +6.5% | 44 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Arena
What buyers should watch
- The gap between 5% and 20% down here is $343 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $342,966 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Arena listing goes under contract in 28 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Arena added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +3.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Arena varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Arena
Explore homes currently listed for sale in Arena, Wisconsin across major real estate platforms.
$100,000
3 68AC Reimann Rd Lot 4
Arena, WI
Land3.68 acres
View photos & details
$130,000
3 38AC Ray Hollow Rd Lot 3
Arena, WI
Land3.38 acres
View photos & details
$185,000
703 Oak St
Arena, WI
3 bd2 ba1,037 sqft$178/ft²
House6,534 sqft lot
View photos & details
$199,000
7062 Baker Rd
Arena, WI
2 bd1 ba1,080 sqft$184/ft²
House1.00 acres
View photos & details
$240,000
7336 Highway 14
Arena, WI
2 bd1 ba1,138 sqft$211/ft²
House1.12 acres
View photos & details
$260,000
7037 Coon Rock Rd
Arena, WI
3 bd2 ba1,416 sqft$184/ft²
House1.00 acres
View photos & details
$299,900
107B Sharon St
Arena, WI
Land12.90 acres
View photos & details
$395,000
6879 Willison Rd
Arena, WI
4 bd3 ba2,590 sqft$153/ft²
House33,106 sqft lot
View photos & details
$400,000
33.44 Acres Zwettler Rd
Arena, WI
Land33.44 acres
View photos & details
$485,000
400 Mourning Dove Ct
Arena, WI
4 bd3 ba3,069 sqft$158/ft²
House15,682 sqft lot
View photos & details
$799,000
7422 Loy Rd
Arena, WI
3 bd3 ba2,915 sqft$274/ft²
House24.00 acres
View photos & details
Looking to buy in Arena?
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Sale-to-list:100.0%
How much do homes cost in Arena by property type?
How the Arena, WI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $333,500 | $169/sq ft | 2 | 158 days |
| Condo / co-op | $230,000 | $177/sq ft | 1 | 28 days |
Who lives in Arena?
American Community Survey estimates for Arena. U.S. Census ACS, 2023
Population
886
Households
383
Median income
$67,917/yr
Median age
37.2 years
Owner-occupied
79.1%
Median home value
$190,000
Median gross rent
$955/mo
Mean commute
32.7 min
79.1% of occupied homes in Arena are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $190,000 against Zillow's $342,966 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Arena, WI?
Ordered by distance from Arena, not by size. Compare Arena side by side with any of them.
Arena housing market FAQ
Is Arena a buyer's or seller's market?
Arena, WI is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Arena?
The typical home in Arena, WI is worth $342,966 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $230,000, about $177 per square foot.
Is Arena cheaper than the rest of Wisconsin?
Arena's median sale price of $230,000 is 36% lower than the Wisconsin statewide median of $361,600, and 44% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Arena?
Homes in Arena, WI spent a median of 28 days on market before going under contract, versus 44 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Arena?
At the current 30-year fixed rate of 7.03%, 20% down on a $342,966 home is about $1,831 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $78,469 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $67,917.
Are home prices rising in Arena?
The typical home value in Arena, WI rose 3.7% over the last 12 months, from $330,644 to $342,966 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Arena?
Arena ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Arena?
That depends on your timeline, not on a headline. What the data says today: Arena, WI is a balanced market, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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