US Metro Real Estate Intelligence
Rankings/Kenosha, WI

Kenosha, WI

NeutralTier 1CBSA 28450Compare
Risk Rank: #55 of 287Month: 2025-12
58score
Composite risk percentile vs 287 metros (higher = higher risk)

Kenosha's housing market shows average risk, ranking 55th of 287 metros. The market recently entered Expansion.

Executive Summary

Risk is Neutral, driven primarily by permit growth and price momentum. The market is in Expansion phase. Liquidity is not yet assessed and valuation is not yet assessed.

Top Risk Drivers (This Month)

Permit Growth
p100 (highest risk decile)
YoY permit change
Price Momentum
p75 (elevated risk)
12-month HPI change
Permits per Capita
p64 (moderate)
Permits per 1,000 residents
Factor Details

Factor Breakdown

Price Momentum75

12-month HPI change — higher = overheating

Permit Growth100

YoY permit change — higher = supply pressure

Permits per Capita64

Permits per 1,000 residents — higher = overbuilding risk

Affordability12

Mortgage payment / income — higher = more burdened

Employment56

12-month employment change (risk inverted)

Migration44

Net AGI migration (risk inverted)

Underlying Values

MetricValuePctile
Price Momentum+3.9%p75
Permit Growth+251.9%p100
Permits/1K Pop5.35p64
Affordability0.22p12
Employment+0.1%p56
Net AGI Migration+$26Kp44
National ContextDoes not affect score

Credit Conditions

Credit Regime

Stable
Bank Lending Standards
-5.7Normal
Rate Change (YoY)
-74 bpsNormal
Mortgage Risk Premium
+189 bpsElevated
Stable for 8 quartersData through 2026-Q1

Supply Pipeline

Supply Regime

Accumulating

Supply pipeline is building up while credit remains available. New units are accumulating in the system — watch for delivery pressure in coming quarters.

Pipeline Ratio
0.91High
Completion-Permit Divergence
-3.2 ppNormal
Accumulating for 3 quartersData through 2025-Q4
Internal Structure

County-level structural analysis.

County-level structural analysis is not available for this metro due to fewer than 3 qualifying counties.

Score History
First scoring month — history will build with each monthly refresh.
Data Vintages
Price (HPI)2025-Q3
Permits2025-12
Income2024
Employment2025-12
Migration2022