Total monthly cost of ownership
Cost to Own a Home in Reedsburg, Wisconsin
A $218,000 home here costs
$1,923per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $82,500 a year.
A standard mortgage calculator would have told you $1,189. The real number is $735 higher every month, 62% more than the payment most buyers budget for.
Compare Sauk County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Reedsburg against Sauk County and Wisconsin
| Measure | Reedsburg | Sauk County |
|---|---|---|
| Median home value | $218,300 | $242,400 |
| Median property tax | $3,653 | $3,646 |
| Effective tax rate | 1.673% | 1.504% |
| Median gross rent | $944 | $970 |
| Population | 10,060 | 65,759 |
The weather behind that power bill
Reedsburg sits in Sauk County, which averages a high of 80.9°F in its hottest month and a low of 7.6°F in its coldest, with 34.46" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 489 cooling and 7,639 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Sauk County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sauk County
Talk to someone who works this market
These are Reedsburg averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Reedsburg every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Reedsburg?
A $218,000 home in Reedsburg, Wisconsin costs approximately $1,923 per month with 20% down at 7.24%. That is $1,189 principal and interest, $304 property tax, $56 homeowners insurance, $193 utilities and $182 set aside for maintenance.
What is the property tax rate in Reedsburg?
Reedsburg has an effective property tax rate of 1.673%, based on a median home value of $218,300 and median real estate taxes of $3,653. That is higher than the Sauk County average of 1.504%.
What is the average home price in Reedsburg?
The median owner-occupied home value in Reedsburg, Wisconsin is $218,300, against $242,400 across Sauk County.
Is it cheaper to rent or buy in Reedsburg?
Median gross rent in Reedsburg is $944 a month, against $1,923 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Reedsburg?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Reedsburg, Wisconsin at today's rate takes a household income of roughly $82,500 a year. That covers the full $1,923 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Reedsburg, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Wisconsin.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.