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MARENGO, WI 54855

Real Estate Market Report  ·  Ashland County
Seller's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The MARENGO, WI real estate market (54855) currently shows 1 active listings, with 1 pending sales. Homes are averaging 21 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 21 days on market compared to 59 days last year.

The median listing price has fallen 81.4% year-over-year, from $399,850 to $74,500.

Whether you are buying or selling in MARENGO, 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: 942  ·  Density: 5.2/mi²  ·  Median household income: $57,292

Typical home value: $153,119  ·  Homeownership: 85.4%

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
1
100% pending ratio
Median Price
$74,500
⇩ 81.4% vs $399,850 last year
Average Price
$74,500
⇩ 81.4% vs $399,850 last year
Days on Market
21
⇩ 64.4% vs 59 days last year

Price Per Square Foot

Median $/sqft
$43
⇩ 85.5% vs $297/sqft last year
Median Home Size
1,728 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 21 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $74,500 (-81.4% YoY)
  • Average: $74,500 (-81.4% 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 38.5 miles — 111 listings ($48,252,729 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54846High Bridge, WI 548465.7 mi1$1,057,450$1,057,450$1,057,450
54806Ashland, WI 5480612.0 mi26$7,799,584$269,750$299,984
54839Grand View, WI 5483914.5 mi1$169,900$169,900$169,900
54821Cable, WI 5482118.5 mi9$6,530,121$378,500$725,569
54565Upson, WI 5456519.3 mi1$205,000$205,000$205,000
54891Washburn, WI 5489123.0 mi9$4,972,122$431,725$552,458
54550Montreal, WI 5455027.7 mi1$99,000$99,000$99,000
54534Hurley, WI 5453429.0 mi13$5,824,078$214,950$448,006
54827Cornucopia, WI 5482731.9 mi3$4,057,350$1,352,450$1,352,450
54844Herbster, WI 5484433.4 mi5$5,749,750$1,149,950$1,149,950
49938Ironwood, MI 4993835.2 mi27$7,706,880$216,150$285,440
54820Brule, WI 5482036.1 mi2$1,774,800$887,400$887,400
49911Bessemer, MI 4991138.5 mi13$2,306,694$156,950$177,438

Frequently Asked Questions

How many homes are for sale in MARENGO, WI 54855?

As of June 2026, there are 1 active listings in MARENGO, WI (zip code 54855), compared to 2 the prior year.

What is the median home price in MARENGO, WI 54855?

The median listing price in MARENGO, WI 54855 is $74,500 as of June 2026, a 81.4% decrease from $399,850 the prior year.

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

Homes in MARENGO, WI 54855 spend an average of 21 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in MARENGO, WI 54855?

Based on current inventory and days-on-market data as of June 2026, MARENGO, WI 54855 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 21 days on market compared to 59 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MARENGO, WI 54855 save an estimated $1,490 compared to a typical 5% commission on the median listing price of $74,500. 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.