The story of this market
The typical home in ZIP 54801 sells for about $175,098, or $115 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 85 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $800 a month.
ZIP 54801 — Spooner
The housing market in 54801 is characterized by low inventory and steady, modest price growth. Demand remains consistent among local buyers, though the rural nature of the area limits rapid turnover and speculative investment. Market conditions are stable, reflecting the broader economic trends of the region.
This ZIP is well-suited for families and retirees seeking a quiet, rural lifestyle with access to outdoor amenities. It is less ideal for commuters or those requiring proximity to major metropolitan employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 85 days on market with 5.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.6% · poverty 13.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 54801, Washburn 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.
Crime rates in the area are generally lower than the national average, with property crime being the most frequently reported incident type. Local law enforcement maintains a stable presence, and the region is considered safe relative to larger urban centers in Wisconsin.
Public schools in the area are primarily served by the Spooner Area School District, which maintains a moderate rating. The district is characterized by smaller class sizes and a focus on community-integrated learning.
The area faces moderate risks related to winter weather and seasonal flooding near local waterways. Property insurance markets remain stable, though premiums are influenced by regional wildfire and severe storm exposure.
Economic momentum is driven by local government, healthcare, and tourism sectors. Infrastructure development is focused on maintaining rural connectivity, with limited large-scale commercial expansion currently underway.
Property taxes are assessed at the county and municipal levels based on fair market value. The tax structure includes levies for school districts, technical colleges, and local government services, with no state-level property tax.
Commutes are primarily car-dependent, with most residents traveling locally for work. Access to major employment hubs requires significant drive time, as the area is rural and lacks extensive public transit infrastructure.
The area offers abundant outdoor recreation, including proximity to numerous lakes, fishing spots, and forest trails. Local shopping and dining are concentrated in the downtown core, serving as a hub for the surrounding rural community.
The rental market is characterized by low vacancy rates and limited inventory, with most units being single-family homes or small multi-family properties. Rent growth has been moderate, tracking with local inflation and limited supply.
The local economy is anchored by healthcare, education, and tourism. Small businesses and agricultural services provide the primary employment base for the region.
Transportation is dominated by private vehicle use, with US Highway 63 serving as the primary corridor. There is no significant public transit or rail infrastructure serving the area.
Development is largely focused on small-scale residential improvements and local commercial maintenance. No major regional projects are currently impacting the ZIP code's footprint.
The county assessor manages property valuations, with assessments conducted periodically to reflect market changes. Property owners have the right to appeal valuations through the local board of review.
Parcels are subject to school district levies, technical college district taxes, and local municipal assessments. No major MUD or PID districts are prevalent in this rural jurisdiction.
Property insurance is readily available, though premiums are sensitive to regional weather patterns and the age of housing stock. Market health is stable with standard coverage options.
Wisconsin is a judicial foreclosure state, requiring court intervention for the foreclosure process. The timeline typically allows for a redemption period for homeowners.
Sellers are required to provide a Real Estate Condition Report disclosing known defects in the property. This must be provided to the buyer within a specified timeframe after an offer is accepted.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Popular destination for fishing, boating, and seasonal recreation.
Provides camping, hiking, and access to local waterways.
Historic district featuring local boutiques, cafes, and community services.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.