Real Estate Investing in Horicon, Wisconsin (53032)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Dodge County • Population: 4,942 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 53032 (Horicon, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High price-to-rent: Price-to-rent ratio 26.9 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Horicon, WI (53032)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $281,937
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $52,028
% Renters 27.5%

Market Analysis: 53032 Horicon

Not every below-median market is a bargain. Horicon's 53032 ZIP records signals that favor experienced operators who can absorb the risk $282K pricing implies.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 53032 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Statewide comparisons place 53032 among WI's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Demographically, 53032 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

The 53032 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Horicon:

C+ Average
Buy Confidence Score: 60/100
Affordability
10/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.4× the median income
Value Trend
Rising (+9.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Beaver Dam, WI Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Beaver Dam, WI metro data
🏠

Property Strategy for 53032

Which property type performs best in this market?

Best for Cash Flow
3BR
3.7% cap rate
Best for Appreciation
3BR
+9.1% 5yr CAGR
Best Overall Value
4BR
$69,595/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $257,324 $1,310 3.7% +9.1% $85,775
4BR $278,382 $1,350 3.5% +8.9% $69,595

Market Trends

Home Value History (with trend line)

$297K$259K$220K$181K$142K$103KAug 2006Aug 2016Jul 2026

📊 How Does 53032 Compare?

Metric 53032 Horicon Beaver Dam, WI Wisconsin
Home Value $281,937 $281,937 N/A $320,446
5-Year CAGR 7.0% 7.0% N/A 7.3%
Avg Rent $873 $873 N/A -
Cap Rate 2.4% 2.4% - -
💡 Why Invest in 53032? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 53032 (Horicon, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.4%
Low
5yr Growth
+7.0%
Strong

📉 Market Crash Risk Index

Based on Beaver Dam, WI metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
29%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $281,937
Monthly Rent $873
Price-to-Rent 26.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.7%
Cap Rate 2.4%
5-Year IRR 9.4%

📈 Home Appreciation

1-Year +9.9% ▲
3-Year CAGR +6.2% ▲
5-Year CAGR +7.0% ▲
10-Year CAGR +7.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
3.1%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.0%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 53032

Population: 4,942

💰 Median Household Income
$52,028
This area
$52,028
State
$73,177
USA
$74,580
🏠 Renter Occupied
27.5%
This area
27.5%
State
22.0%
USA
34.0%
💼 Unemployment Rate
3.6%
This area
3.6%
State
-1.8%
USA
3.7%
🎓 College Educated
15.7%
This area
15.7%
State
17.1%
USA
33.7%
👤 Median Age
41.1 years
This area
41.1 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
3.1%
This area
3.1%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 97.6%
Black/African American 1.6%
Other/Mixed 0.8%
Hispanic/Latino 0.3%
👶 Under 18
22.5%
This area
22.5%
USA
22.0%
👴 65 and Over
19.5%
This area
19.5%
USA
17.3%
📊 Poverty Rate
8.9%
This area
8.9%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 53032

A+ Avg School Grade
3 Schools
14.0:1 Avg Class Size
$20,722 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Horicon Elementary School

📚 Pre-K – 05 Elementary
👥
368 Students
👨‍🏫
14.7:1 Class Size
💰
$20,722 Per Student
A+ Excellent

Horicon Middle School

📚 06 – 08 Middle
👥
158 Students
👨‍🏫
12.0:1 Class Size
💰
$20,722 Per Student
A Very Good

Horicon High School

📚 09 – 12 High School
👥
261 Students
👨‍🏫
15.4:1 Class Size
💰
$20,722 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

1 Nearby
C+
Advanced College of Cosmetology
34 students · 14.0 mi

Frequently Asked Questions

What is the smart move for investors in Horicon, WI?

In Horicon, WI the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $282K prices and $873/mo rents suits that approach.

How strong is the working-renter base in Horicon, WI?

Tenant demand in Horicon, WI is solid. The local workforce $873/mo rents across most rental classes.

Is rental property easy to operate in Horicon, WI?

The landlord environment in Horicon, WI is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

How viable is house hacking in Horicon, WI?

The house hack math a challenging in Horicon, WI. Owner-occupant buyers benefit from the $873/mo rents and $282K home values.

What is the typical home price in Horicon, WI?

Homes in Horicon, WI typically sell near $282K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.

You know 53032 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 53032 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 53032 ranks in Beaver Dam, WI

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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