The typical owner-occupied home in Stevens Point is worth about $195,400, 27% below the Wisconsin median of $266,500 and 41% below the national median of $332,700. Owners pay a median $3,429 a year in property taxes, about 1.75% of their home's value, higher than the Wisconsin rate of 1.42%. The median household earns $58,031 a year, so the median home costs 3.4 times the median income (3.4 times for Wisconsin). 51% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Stevens Point at a glance
| Stevens Point | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $195,400 | $266,500 | $332,700 |
| Median property tax paid per year | $3,429 | $3,792 | $3,119 |
| Property tax as a share of value | 1.75% | 1.42% | 0.94% |
| Median household income | $58,031 | $77,485 | $80,734 |
| Homes lived in by their owners | 51% | 68% | 65% |
| Owner homes with a mortgage | 56% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,424 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 18.1% | 19.5% | 21.0% |
| Median rent | $890 | $1,087 | $1,413 |
| Rent as a share of renters' income | 27.6% | 27.2% | 30.6% |
| Median year homes were built | 1972 | 1975 | 1980 |
| Vacant homes | 6.6% | 10.8% | 10.1% |
| Population | 25,785 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Stevens Point
At this week's average 30-year rate of 7.11%, buying the median Stevens Point home of $195,400 with 20% down costs about $1,418 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,743, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $60,769 for the 20%-down payment. That payment is 29% of the median Stevens Point household income of $58,031; at that income and 20% down, the 28% guideline points to a home of about $187,000.
The median rent here is $890 a month, so owning the median home costs about $528 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $39,080 |
|---|---|
| Loan amount | $156,320 |
| Principal and interest | $1,052 |
| Property taxes (1.75% a year) | $285 |
| Homeowners insurance (our estimate, 0.5% a year) | $81 |
| PMI | $0 |
| Total per month | $1,418 |
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| Down payment | $6,839 |
|---|---|
| Loan amount | $191,861 |
| Principal and interest | $1,291 |
| Property taxes (1.75% a year) | $285 |
| Homeowners insurance (our estimate, 0.5% a year) | $81 |
| FHA mortgage insurance | $86 |
| Total per month | $1,743 |
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Questions about home buying in Stevens Point
What is the median home value in Stevens Point?
About $195,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Stevens Point?
Homeowners pay a median $3,429 a year, which is about 1.75% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Stevens Point?
For the median home with 20% down at 7.11%, the payment is about $1,418 a month. Keeping that under 28% of gross income takes about $60,769 a year.
More about Stevens Point
- Mortgage Refinance in Stevens Point
- Debt Relief in Stevens Point
- Home Equity Loans in Stevens Point
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data