53191, Williams Bay, WI

Williams Bay, WI is located in Door County, WI and has a population of just over 2,000. The zip code 53191 has a median home value of $269,000 and a median household income of $101,500. The majority of homes in the zip code are owner-occupied with just under 60% of households being occupied by their own family. Home values have increased steadily over the past few years and are now at their highest point since 2007.

One reason for this increase in home values is that Williams Bay is located in an area that continues to see strong growth. The city of Green Bay is only about 20 minutes away and has a population of over 200,000 people which contributes to the demand for housing in the area. Additionally, many new businesses have been established in Williams Bay recently which also contributes to the demand for homes.

Despite these positive factors, there are some challenges facing home buyers in Williams Bay right now. One issue is that there are not enough homes available for sale which has led to increased prices and slower growth in the market overall. Another challenge is that interest rates are still relatively low which may make it difficult for some people to qualify for a mortgage or afford a house outright. However, despite these challenges, it appears that home values will continue to rise in Williams Bay over the next few years as long as there are no major unforeseen events occur