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ASHLAND, WI 54806

Real Estate Market Report  ·  Ashland County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The ASHLAND, WI real estate market (54806) currently shows 40 active listings, with 14 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 66 days on market compared to 87 days last year.

The median listing price has fallen 2% year-over-year, from $249,700 to $244,700.

Whether you are buying or selling in ASHLAND, 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: 11,489  ·  Density: 15.4/mi²  ·  Median household income: $58,429

Typical home value: $150,601  ·  Homeownership: 69.7%

Market Overview

Active Listings
40
⇧ 29% vs 31 last year
Pending
14
35% pending ratio
Median Price
$244,700
⇩ 2% vs $249,700 last year
Average Price
$319,922
⇧ 23.6% vs $258,857 last year
Days on Market
66
⇩ 24.1% vs 87 days last year

Price Per Square Foot

Median $/sqft
$163
⇧ 14.8% vs $142/sqft last year
Median Home Size
1,644 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 31 last year
  • Days on market: 66 now vs 87 last year

Median & Average Pricing

Year over Year
  • Median: $244,700 (-2% YoY)
  • Average: $319,922 (+23.6% 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 39.3 miles — 73 listings ($30,648,141 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54806Ashland, WI 548060.0 mi26$7,799,584$269,750$299,984
54846High Bridge, WI 5484613.2 mi1$1,057,450$1,057,450$1,057,450
54559Saxon, WI 5455918.4 mi4$573,700$157,400$143,425
54839Grand View, WI 5483919.3 mi1$169,900$169,900$169,900
54814Bayfield, WI 5481421.6 mi12$9,226,992$749,900$768,916
54565Upson, WI 5456525.4 mi1$205,000$205,000$205,000
54821Cable, WI 5482126.9 mi9$6,530,121$378,500$725,569
54536Iron Belt, WI 5453628.2 mi1$289,900$289,900$289,900
54517Clam Lake, WI 5451729.9 mi1$430,000$430,000$430,000
54550Montreal, WI 5455030.9 mi1$99,000$99,000$99,000
54820Brule, WI 5482033.5 mi2$1,774,800$887,400$887,400
49911Bessemer, MI 4991138.2 mi13$2,306,694$156,950$177,438
54854Maple, WI 5485439.3 mi1$185,000$185,000$185,000

Frequently Asked Questions

How many homes are for sale in ASHLAND, WI 54806?

As of April 2026, there are 40 active listings in ASHLAND, WI (zip code 54806), compared to 31 the prior year.

What is the median home price in ASHLAND, WI 54806?

The median listing price in ASHLAND, WI 54806 is $244,700 as of April 2026, a 2% decrease from $249,700 the prior year.

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

Homes in ASHLAND, WI 54806 spend an average of 66 days on the market before going under contract, compared to 87 days the prior year.

Is it a seller's or buyer's market in ASHLAND, WI 54806?

Based on current inventory and days-on-market data as of April 2026, ASHLAND, WI 54806 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 66 days on market compared to 87 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ASHLAND, WI 54806 save an estimated $4,894 compared to a typical 5% commission on the median listing price of $244,700. 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.