Real Estate Investing in Bear Creek, Wisconsin (54922)

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

Waupaca County • Population: 1,087 • Data updated: September 2026

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Should you buy in 54922 (Bear Creek, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 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
CLEAN

No major risk flags on the data we track.

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

What’s happening in Bear Creek, WI (54922)?

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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 $264,435
Avg Monthly Rent $1,314
1% Rule ✗ Does Not Meet
Median Income $70,625
% Renters 13.5%

Market Analysis: 54922 Bear Creek

The 54922 ZIP covers a section of Bear Creek that demands careful diligence. Prices near $264K look accessible, but the work to make a deal cash flow is real.

The investment case in 54922 is healthy only for operators who understand what they are buying. A $264K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Within WI, ZIP 54922 trails on several market indicators that neighboring Waupaca County submarkets outperform. The gap is real and significant enough to shape underwriting.

From a cash-flow lens, 1,087 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Distressed ZIPs reward experience. sturdy returns are possible in 54922, but they flow to investors who already understand how to operate in soft markets.

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 Bear Creek:

C+ Average
Buy Confidence Score: 65/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.7× the median income
Value Trend
Rising (+9.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,314/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
Appleton, WI Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
4.3%
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 Appleton, WI metro data

Market Trends

Home Value History (with trend line)

$286K$248K$210K$173K$135K$97KJan 2012May 2019Jul 2026

📊 How Does 54922 Compare?

Metric 54922 Bear Creek Appleton, WI Wisconsin
Home Value $264,435 $264,435 N/A $320,446
5-Year CAGR 6.1% 6.1% N/A 7.3%
Avg Rent $1,314 $1,314 N/A -
Cap Rate 3.9% 3.9% - -
💡 Why Invest in 54922? Click to expand

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

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 54922 (Bear Creek, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.9%
Low
5yr Growth
+6.1%
Strong

📉 Market Crash Risk Index

Based on Appleton, WI metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
26%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $264,435
Monthly Rent $1,314
Price-to-Rent 16.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.0%
Cap Rate 3.9%
5-Year IRR 10.0%

📈 Home Appreciation

1-Year +9.6% ▲
3-Year CAGR +5.7% ▲
5-Year CAGR +6.1% ▲
10-Year CAGR +6.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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
6.9%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.1%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 54922

Population: 1,087

💰 Median Household Income
$70,625
This area
$70,625
State
$73,177
USA
$74,580
🏠 Renter Occupied
13.5%
This area
13.5%
State
22.0%
USA
34.0%
💼 Unemployment Rate
2.6%
This area
2.6%
State
-1.8%
USA
3.7%
🎓 College Educated
15.1%
This area
15.1%
State
17.1%
USA
33.7%
👤 Median Age
50.1 years
This area
50.1 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
6.9%
This area
6.9%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 89.4%
Other/Mixed 10.6%
Hispanic/Latino 6.3%
👶 Under 18
17.7%
This area
17.7%
USA
22.0%
👴 65 and Over
18.7%
This area
18.7%
USA
17.3%
📊 Poverty Rate
6.1%
This area
6.1%
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

Frequently Asked Questions

How quickly do rentals get leased in Bear Creek, WI?

Bear Creek, WI carries elevated vacancy risk. Expect reliable absorption at market rents of $1,314/mo.

Is the tenant base reliable in Bear Creek, WI?

The renter base in Bear Creek, WI is reasonable for the $1,314/mo price point. Screening well and pricing to market typically yields even-keeled tenants.

What investment strategy works best in Bear Creek, WI?

Most investors in Bear Creek, WI run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

How do landlord-tenant laws work in Bear Creek, WI?

WI law landlord-friendly for landlords, and Bear Creek inherits those rules. Investors should still review local ordinances for rental licensing.

What is the typical home price in Bear Creek, WI?

In Bear Creek, WI the median home value sits at $264K. Against the broader WI market, that reads as reasonable for most investors.

You know 54922 now. You don’t know where it ranks.

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How 54922 ranks in Appleton, WI

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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