Sheboygan Housing Market & Real Estate Update: prices, inventory, and a major apartment proposal
Sheboygan, WI – March 3, 2026 – Prices stayed firm in January data, inventory sat near 149 for sale, and a 126-unit apartment plan advanced downtown.
Sheboygan’s housing market continued to show price strength in the most recently reported data, while inventory and days-on-market metrics suggest many buyers still have time to compare options. January 2026 updates from major real estate portals point to higher prices year over year alongside a measurable number of active listings.
Top takeaways
- Prices: Redfin reported a January 2026 median sale price of about $230K, up 21.8% year over year.
- Inventory: Zillow reported 149 homes for sale and 37 new listings (data through Jan. 31, 2026).
- Typical value: Zillow’s typical home value was $250,129.
- Downtown development: City-approved TIF support advanced for a former Wells Fargo site redevelopment that includes a 126-unit apartment plan plus 10 townhomes.
Market snapshot
Redfin’s January 2026 figures show 45 homes sold with a median 59 days on market and a 98.5% sale-to-list ratio. On the pricing side, Zillow’s January 2026 median list price was $258,233. For renters tracking the same set of dashboards, Zillow reported an average rent level of $1,000 (Dec. 2025).
Development watch
On Feb. 23, 2026, the city’s Finance and Personnel Committee approved pay-as-you-go TIF development agreements tied to the former Wells Fargo site. Reported amounts included up to about $4.46M for the apartment project and about $300K for the townhomes, with construction deadlines extending into 2027–2029.
What’s for sale
Active listings on major portals recently ranged from roughly the mid-$100Ks for smaller homes/condos to the low-$400Ks for larger single-family options. For house-hunters, this spread can help frame which price points have the most choices versus where inventory may thin out.