Data as of September 2026. Source: Realtor.com.
The FLORENCE, WI real estate market (54121) currently shows 17 active listings, with 4 pending sales. Homes are averaging 43 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 43 days on market compared to 62 days last year.
The median listing price has fallen 37.4% year-over-year, from $463,000 to $289,900.
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 September 2026, there are 17 active listings in FLORENCE, WI (zip code 54121), compared to 16 the prior year.
The median listing price in FLORENCE, WI 54121 is $289,900 as of September 2026, a 37.4% decrease from $463,000 the prior year.
Homes in FLORENCE, WI 54121 spend an average of 43 days on the market before going under contract, compared to 62 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FLORENCE, WI 54121 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 43 days on market compared to 62 days last year.
With SELL123.com's maximum 3% commission, sellers in FLORENCE, WI 54121 save an estimated $5,798 compared to a typical 5% commission on the median listing price of $289,900. 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.