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COLBY, WI 54421

Real Estate Market Report  ·  Marathon County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The COLBY, WI real estate market (54421) currently shows 5 active listings, with 4 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 65 days on market compared to 45 days last year.

The median listing price has fallen 28.7% year-over-year, from $325,000 to $231,700.

Whether you are buying or selling in COLBY, 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.

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Market Context

Market Context

Population: 3,831  ·  Density: 21.2/mi²  ·  Median household income: $59,783

Typical home value: $162,033  ·  Homeownership: 73.6%

Market Overview

Active Listings
5
⇩ 61.5% vs 13 last year
Pending
4
80% pending ratio
Median Price
$231,700
⇩ 28.7% vs $325,000 last year
Average Price
$231,700
⇩ 24.2% vs $305,800 last year
Days on Market
65
⇧ 44.4% vs 45 days last year

Price Per Square Foot

Median $/sqft
$149
⇧ 27.4% vs $117/sqft last year
Median Home Size
1,392 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 13 last year
  • Days on market: 65 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $231,700 (-28.7% YoY)
  • Average: $231,700 (-24.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.4 miles — 68 listings ($20,965,451 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54421Colby, WI 544210.0 mi5$1,368,540$252,225$273,708
54405Abbotsford, WI 544054.5 mi11$3,247,156$207,500$295,196
54422Curtiss, WI 544229.6 mi1$499,900$499,900$499,900
54480Stetsonville, WI 5448011.1 mi3$883,500$294,500$294,500
54484Stratford, WI 5448412.6 mi9$5,122,800$439,900$569,200
54426Edgar, WI 5442615.0 mi5$1,199,750$239,900$239,950
54498Withee, WI 5449818.4 mi6$934,974$147,175$155,829
54437Greenwood, WI 5443718.8 mi9$2,466,387$230,000$274,043
54420Chili, WI 5442020.1 mi1$350,000$350,000$350,000
54448Marathon, WI 5444822.7 mi3$2,330,850$754,550$776,950
54771Thorp, WI 5477125.0 mi7$1,045,625$153,000$149,375
54410Arpin, WI 5441027.9 mi3$675,699$95,900$225,233
54470Rib Lake, WI 5447028.4 mi5$840,270$164,225$168,054

Frequently Asked Questions

How many homes are for sale in COLBY, WI 54421?

As of July 2026, there are 5 active listings in COLBY, WI (zip code 54421), compared to 13 the prior year.

What is the median home price in COLBY, WI 54421?

The median listing price in COLBY, WI 54421 is $231,700 as of July 2026, a 28.7% decrease from $325,000 the prior year.

How long do homes stay on the market in COLBY, WI?

Homes in COLBY, WI 54421 spend an average of 65 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in COLBY, WI 54421?

Based on current inventory and days-on-market data as of July 2026, COLBY, WI 54421 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 45 days last year.

How much can I save on real estate commission in COLBY, WI?

With SELL123.com's maximum 3% commission, sellers in COLBY, WI 54421 save an estimated $4,634 compared to a typical 5% commission on the median listing price of $231,700. 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.