The story of this market
The typical home in ZIP 54870 sells for about $273,667, or $182 per square foot.
Prices are up +4.7% from a year ago, so sellers still have some momentum. Homes take about 9 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,125 a month.
ZIP 54870 — Sarona
The housing market in 54870 remains stable with low inventory and consistent demand for rural residential properties. Prices have seen modest year-over-year growth, supported by a high owner-occupancy rate and limited new construction. Market conditions are driven by regional tourism and a preference for lifestyle-oriented properties.
This area is best suited for retirees, outdoor enthusiasts, and those seeking a quiet, rural lifestyle away from major urban employment centers.
Median prices moved up 4.7% year over year.
Homes spend a median of 9 days on market with 2.4 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 101.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 6.7% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 54870, 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.
Property taxes are assessed at the county level in Washburn County based on local mill rates; specific exemptions for primary residences may apply.
The area is characterized by proximity to numerous lakes and outdoor recreational opportunities typical of the Northwoods region.
The rental market is limited with a focus on seasonal and long-term residential housing; short-term rental activity is present due to lake-area tourism.
The local economy is primarily driven by tourism, forestry, and small-scale service industries.
Data derived from Census Bureau ZCTA 54870 profiles and local market aggregators.
Numerous recreational lakes providing fishing, boating, and swimming.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.