54241 — Two Rivers, WI Home Values
Typical home value $233,695 as of July 2026 · 10th of 10 in Manitowoc, WI
Blue: typical home value (Zillow ZHVI) in ZIP code 54241, July 2021 to July 2026. This page shows observed data only; no forecast.
How 54241 compares in the Manitowoc, WI area
ZIP code 54241 (Two Rivers, WI) has a typical home value of $233,695 as of July 2026, ranking 10th of 10 ZIP codes tracked in the Manitowoc, WI area, more expensive than about 10% of ZIP codes in the metro. Prices here have moved +3.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +36.4%, from $171,308 in July 2021 to $233,695 in July 2026. Against observed rent, the typical home here sells for 18.6× the annual rent ($1,048/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Manitowoc, WI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Manitowoc.
Population and demographics
ZIP code 54241 has a population of 13,999, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 89.9% White, 4.8% Hispanic or Latino, 2.4% two or more races, 1.2% Black or African American, 0.9% Asian, 0.8% Native Hawaiian or Pacific Islander, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Schultz Elementary | 510 Woodlawn Dr, Mishicot, WI | 2.3 mi |
| Mishicot High | 660 Washington St, Mishicot, WI | 2.5 mi |
| Mishicot Middle | 660 Washington St, Mishicot, WI | 2.5 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 54241?
$233,695 as of July 2026, the latest month Zillow has published observed data for.
Is 54241 an expensive ZIP code in the Manitowoc, WI area?
54241 ranks 10th of 10 ZIP codes in the Manitowoc, WI area by typical home value, more expensive than about 10% of ZIP codes in the metro.
How much have home values in 54241 changed over the past year?
+3.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 54241?
The typical home price is 18.6× the observed annual rent in this ZIP code ($1,048/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 54241?
13,999, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 54241?
Schultz Elementary (2.3 mi), Mishicot High (2.5 mi), Mishicot Middle (2.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 54241?
No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Manitowoc, WI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.