The story of this market
The typical home in ZIP 54853 sells for about $223,000, or $174 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 54853 — Luck
The housing market in 54853 is characterized by steady demand and limited inventory, keeping prices stable. Growth is driven by local lifestyle appeal and a consistent, albeit small, influx of new residents. Market conditions remain balanced with moderate days on market and healthy sale-to-list ratios.
This ZIP is ideal for families and retirees seeking a quiet, rural lifestyle with access to outdoor recreation, as well as commuters who prefer a slower pace of life outside the major metro areas.
Median prices moved up 2.1% year over year.
Homes spend a median of 53 days on market with 4.2 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 8.8% — 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 4.9%/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 2.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 54853, Polk 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 Luck are generally low, consistent with rural Wisconsin trends and significantly below national averages for violent and property crime.
The area is served by the Luck School District, which maintains a reputation for small class sizes and strong community engagement, generally performing at or above state averages.
The region faces moderate risks from severe winter weather and occasional localized flooding near water bodies, with standard insurance coverage typically available.
Economic momentum is driven by local manufacturing, agriculture, and tourism, with steady but modest development focused on residential expansion and small-business support.
Property taxes are assessed at the municipal and county level, with rates determined by local school district levies and county-wide assessments; Wisconsin does not have a state-level property tax.
Commuting is primarily car-dependent, with residents typically driving to nearby employment hubs in Polk County or the Twin Cities metropolitan area.
The area features abundant outdoor amenities, including Big Butternut Lake, local parks, and proximity to regional trails for hiking, snowmobiling, and fishing.
The rental market is characterized by low inventory and high demand for single-family homes, with limited multi-family options available.
The local economy is anchored by small-scale manufacturing, agricultural operations, and a growing tourism sector centered on lake recreation.
Transportation is dominated by private vehicle use, with State Highway 48 serving as the primary arterial route for regional connectivity.
Development is focused on maintaining the rural character of the village while expanding residential capacity to meet moderate demand.
The Polk County Assessor's office manages property valuations, utilizing a market-based assessment system updated periodically.
Parcels are subject to Luck School District levies and local municipal utility district assessments where applicable.
Property insurance remains stable, though premiums are influenced by regional wildfire and severe weather risk profiles.
Data retrieved from data.census.gov ZCTA 54853 profile.
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.
A primary recreational hub for fishing, boating, and swimming.
A local 9-hole course serving the community.
Features local boutiques, dining, and essential services.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.