The story of this market
The typical home in ZIP 54859 sells for about $349,900, or $182 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $824 a month.
ZIP 54859 — Minong
The Minong housing market is characterized by low inventory and a high share of seasonal properties, leading to relatively long days on market. Prices have seen modest year-over-year growth, driven by demand for recreational and retirement homes. The market remains stable, with limited new construction activity.
This ZIP is ideal for retirees, outdoor enthusiasts, and second-home buyers seeking a quiet, nature-focused lifestyle, rather than commuters or those requiring urban amenities.
Median prices moved up 2.4% year over year.
Homes spend a median of 84 days on market with 8.4 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 14.8% — 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 8.7%/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 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 54859, 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 Minong area are generally low, consistent with rural northern Wisconsin trends, and are significantly lower than national averages.
The area is served by the Northwood School District, which provides a small-town educational environment with limited extracurricular offerings compared to larger urban districts.
The region faces moderate wildfire risks due to dense forest cover and seasonal flood risks near the numerous lakes and river systems in Washburn County.
Economic momentum is driven primarily by tourism, outdoor recreation, and small-scale forestry, with limited large-scale industrial or corporate development.
Property taxes are assessed at the county and municipal level in Wisconsin, with school district levies comprising the largest portion of the tax bill; no state-level property tax exists.
Commuting is primarily car-dependent, with residents typically driving to nearby employment hubs like Hayward or Spooner; public transit is not available.
The area is a premier destination for outdoor enthusiasts, featuring extensive access to the Namekagon River, numerous recreational lakes, and proximity to the Wild Rivers State Trail.
The rental market is tight with limited inventory, heavily influenced by seasonal demand and a high prevalence of short-term vacation rentals.
The local economy is heavily reliant on the tourism and hospitality sectors, supported by the area's natural resources and recreational appeal.
Transportation is dominated by US Highway 53, which serves as the primary corridor connecting the area to larger regional markets.
Development is largely restricted to small-scale residential projects and improvements to existing recreational infrastructure.
Washburn County utilizes a market-value assessment system, with properties reassessed periodically to reflect current market conditions.
Parcels are subject to local school district taxes, county taxes, and potential special assessments for lake management or utility districts.
Property insurance premiums are influenced by the area's rural nature and wildfire risk, with coverage availability generally stable.
Data retrieved from data.census.gov ZCTA 54859 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.
Part of the St. Croix National Scenic Riverway, popular for canoeing and fishing.
A 104-mile multi-use trail used for snowmobiling, ATVing, and hiking.
A large reservoir providing extensive boating and fishing opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.