Data as of March 2026. Source: Realtor.com.
The FLORENCE, WI real estate market (54121) currently shows 11 active listings, with 4 pending sales. Homes are averaging 63 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 63 days on market compared to 162 days last year.
The median listing price has fallen 54.2% year-over-year, from $649,500 to $297,363.
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 March 2026, there are 11 active listings in FLORENCE, WI (zip code 54121), compared to 8 the prior year.
The median listing price in FLORENCE, WI 54121 is $297,363 as of March 2026, a 54.2% decrease from $649,500 the prior year.
Homes in FLORENCE, WI 54121 spend an average of 63 days on the market before going under contract, compared to 162 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FLORENCE, WI 54121 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 63 days on market compared to 162 days last year.
With SELL123.com's maximum 3% commission, sellers in FLORENCE, WI 54121 save an estimated $5,947 compared to a typical 5% commission on the median listing price of $297,363. 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.