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MONTREAL, WI 54550

Real Estate Market Report  ·  Iron County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
vs 2 last year
Pending
1
50% pending ratio
Median Price
$99,000
⇩ 38.3% vs $160,475 last year
Average Price
$99,000
⇩ 38.3% vs $160,475 last year
Days on Market
215
⇧ 48.3% vs 145 days last year

Market Context

Population: 623  ·  Density: 8.9/mi²  ·  Median household income: $56,250

Typical home value: $106,505  ·  Homeownership: 95.5%

Market Analysis

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

The MONTREAL, WI real estate market (54550) currently shows 2 active listings, with 1 pending sales. Homes are averaging 215 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 215 days on market compared to 145 days last year.

The median listing price has fallen 38.3% year-over-year, from $160,475 to $99,000.

Whether you are buying or selling in MONTREAL, 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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 215 now vs 145 last year

Median & Average Pricing

Year over Year
  • Median: $99,000 (-38.3% YoY)
  • Average: $99,000 (-38.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 38.7 miles — 120 listings ($39,438,743 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54550Montreal, WI 545500.0 mi2$198,000$99,000$99,000
54536Iron Belt, WI 545364.1 mi1$289,900$289,900$289,900
49938Ironwood, MI 4993812.5 mi36$9,696,384$199,900$269,344
49911Bessemer, MI 4991113.7 mi14$2,650,872$169,950$189,348
49959Ramsay, MI 4995914.8 mi3$473,001$184,000$157,667
54546Mellen, WI 5454621.8 mi4$1,148,000$287,000$287,000
54527Glidden, WI 5452723.5 mi13$4,663,802$225,000$358,754
54545Manitowish Waters, WI 5454525.1 mi4$6,866,400$349,900$1,716,600
54855Marengo, WI 5485527.7 mi1$258,000$258,000$258,000
54806Ashland, WI 5480630.8 mi30$8,609,580$262,000$286,986
49947Marenisco, MI 4994731.7 mi8$3,035,904$250,000$379,488
54517Clam Lake, WI 5451735.9 mi2$860,000$430,000$430,000
49910Bergland, MI 4991038.7 mi2$688,900$344,450$344,450

Frequently Asked Questions

How many homes are for sale in MONTREAL, WI 54550?

As of January 2026, there are 2 active listings in MONTREAL, WI (zip code 54550), compared to 2 the prior year.

What is the median home price in MONTREAL, WI 54550?

The median listing price in MONTREAL, WI 54550 is $99,000 as of January 2026, a 38.3% decrease from $160,475 the prior year.

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

Homes in MONTREAL, WI 54550 spend an average of 215 days on the market before going under contract, compared to 145 days the prior year.

Is it a seller's or buyer's market in MONTREAL, WI 54550?

Based on current inventory and days-on-market data as of January 2026, MONTREAL, WI 54550 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 215 days on market compared to 145 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MONTREAL, WI 54550 save an estimated $1,980 compared to a typical 5% commission on the median listing price of $99,000. 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.