The story of this market
The typical home in ZIP 54755 sells for about $245,000, or $190 per square foot.
Prices are up +18% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $914 a month.
ZIP 54755 — Mondovi
The housing market in 54755 is characterized by low inventory and rising prices, reflecting a tight supply-demand balance. While sales volume remains modest, the year-over-year price appreciation indicates sustained interest in the area's rural housing stock.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with lower housing costs compared to larger Wisconsin metropolitan areas.
Median prices moved up 18.0% year over year.
Homes spend a median of 62 days on market with 2.5 months of supply — a fast-moving market.
23% of listings have cut prices · homes sell at 97.7% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 10.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 54755, Buffalo County WI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools in the Mondovi area are generally characterized by small-town community support and rural district standards.
The area is subject to standard Midwestern weather risks including severe thunderstorms and winter weather; flood risk is localized to riverine areas.
Economic momentum is driven by local agricultural, manufacturing, and small-business sectors typical of the Buffalo County region.
Property taxes are assessed at the local municipal level in Wisconsin, with rates determined by the combined levies of the county, school district, and local town or city government.
Commuting is primarily car-dependent, with residents traveling to nearby employment hubs like Eau Claire or Menomonie via state highways.
The area features access to the Buffalo River, local parks, and rural outdoor activities like hunting and fishing, with limited large-scale retail within the immediate ZIP.
The rental market is relatively thin with limited inventory, primarily serving local workers and students in the broader region.
The local economy is anchored by agriculture, light manufacturing, and regional services.
Transportation is dominated by private vehicle use on state and county highways; public transit options are minimal.
Development is primarily focused on small-scale residential and agricultural land use.
Buffalo County manages property assessments, typically following state-mandated valuation cycles.
Parcels are subject to local school district levies and county-wide tax assessments.
Property insurance premiums are influenced by regional weather patterns and the rural nature of the geography.
Wisconsin is a judicial foreclosure state, requiring court action to complete the process.
Wisconsin law requires sellers to provide a Real Estate Condition Report disclosing known defects to potential buyers.
Data retrieved from US Census Bureau and Data Commons.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides local opportunities for fishing and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.