Data as of April 2026. Source: Realtor.com.
The FLORENCE, WI real estate market (54121) currently shows 10 active listings, with 2 pending sales. Homes are averaging 51 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are selling faster, averaging 51 days on market compared to 194 days last year.
The median listing price has fallen 56% year-over-year, from $564,900 to $248,350.
Whether you are buying or selling in FLORENCE, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 3,165 · Density: 4.5/mi² · Median household income: $55,274
Typical home value: $159,573 · Homeownership: 89.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54121 | Florence, WI 54121 | 0.0 mi | 9 | $2,763,036 | $296,113 | $307,004 |
| 49802 | Kingsford, MI 49802 | 12.9 mi | 22 | $4,029,498 | $169,950 | $183,159 |
| 49801 | Iron Mountain, MI 49801 | 15.4 mi | 29 | $7,831,856 | $176,850 | $270,064 |
| 49927 | Gaastra, MI 49927 | 17.1 mi | 1 | $69,900 | $69,900 | $69,900 |
| 54119 | Dunbar, WI 54119 | 18.0 mi | 2 | $124,000 | $62,000 | $62,000 |
| 54125 | Goodman, WI 54125 | 19.1 mi | 1 | $165,000 | $165,000 | $165,000 |
| 54542 | Long Lake, WI 54542 | 19.5 mi | 4 | $716,468 | $177,450 | $179,117 |
| 49870 | Norway, MI 49870 | 20.7 mi | 7 | $1,562,869 | $174,900 | $223,267 |
| 54156 | Pembine, WI 54156 | 26.2 mi | 7 | $3,101,931 | $365,000 | $443,133 |
| 49892 | Vulcan, MI 49892 | 27.5 mi | 5 | $2,729,750 | $575,950 | $545,950 |
| 54104 | Athelstane, WI 54104 | 29.4 mi | 9 | $3,356,703 | $289,000 | $372,967 |
| 49935 | Iron River, MI 49935 | 30.4 mi | 33 | $11,534,622 | $187,000 | $349,534 |
| 49831 | Felch, MI 49831 | 31.5 mi | 2 | $340,000 | $170,000 | $170,000 |
As of April 2026, there are 10 active listings in FLORENCE, WI (zip code 54121), compared to 6 the prior year.
The median listing price in FLORENCE, WI 54121 is $248,350 as of April 2026, a 56% decrease from $564,900 the prior year.
Homes in FLORENCE, WI 54121 spend an average of 51 days on the market before going under contract, compared to 194 days the prior year.
Based on current inventory and days-on-market data as of April 2026, FLORENCE, WI 54121 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 51 days on market compared to 194 days last year.
With SELL123.com's maximum 3% commission, sellers in FLORENCE, WI 54121 save an estimated $4,967 compared to a typical 5% commission on the median listing price of $248,350. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.