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MASON, WI 54856

Real Estate Market Report  ·  Bayfield County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MASON, WI real estate market (54856) currently shows 5 active listings, with 3 pending sales. Homes are averaging 110 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 110 days on market compared to 54 days last year.

The median listing price has fallen 20.4% year-over-year, from $379,450 to $302,000.

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Market Context

Market Context

Population: 1,644  ·  Density: 3.0/mi²  ·  Median household income: $66,958

Typical home value: $172,540  ·  Homeownership: 90.4%

Market Overview

Active Listings
5
⇩ 50% vs 10 last year
Pending
3
60% pending ratio
Median Price
$302,000
⇩ 20.4% vs $379,450 last year
Average Price
$302,000
⇩ 34.2% vs $459,110 last year
Days on Market
110
⇧ 103.7% vs 54 days last year

Price Per Square Foot

Median $/sqft
$224
⇩ 5.5% vs $237/sqft last year
Median Home Size
1,494 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
— vs 1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 10 last year
  • Days on market: 110 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $302,000 (-20.4% YoY)
  • Average: $302,000 (-34.2% 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 40.0 miles — 90 listings ($43,463,771 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54856Mason, WI 548560.0 mi6$1,947,150$327,975$324,525
54806Ashland, WI 5480614.3 mi26$7,799,584$269,750$299,984
54847Iron River, WI 5484717.0 mi20$11,011,380$419,750$550,569
54891Washburn, WI 5489119.3 mi9$4,972,122$431,725$552,458
54820Brule, WI 5482023.2 mi2$1,774,800$887,400$887,400
54844Herbster, WI 5484424.9 mi5$5,749,750$1,149,950$1,149,950
54827Cornucopia, WI 5482725.4 mi3$4,057,350$1,352,450$1,352,450
54849Lake Nebagamon, WI 5484929.4 mi5$2,873,335$549,000$574,667
54559Saxon, WI 5455930.3 mi4$573,700$157,400$143,425
54854Maple, WI 5485430.4 mi1$185,000$185,000$185,000
54565Upson, WI 5456532.3 mi1$205,000$205,000$205,000
54838Gordon, WI 5483835.3 mi4$1,177,800$294,450$294,450
54514Butternut, WI 5451440.0 mi4$1,136,800$169,450$284,200

Frequently Asked Questions

How many homes are for sale in MASON, WI 54856?

As of September 2026, there are 5 active listings in MASON, WI (zip code 54856), compared to 10 the prior year.

What is the median home price in MASON, WI 54856?

The median listing price in MASON, WI 54856 is $302,000 as of September 2026, a 20.4% decrease from $379,450 the prior year.

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

Homes in MASON, WI 54856 spend an average of 110 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in MASON, WI 54856?

Based on current inventory and days-on-market data as of September 2026, MASON, WI 54856 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 110 days on market compared to 54 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MASON, WI 54856 save an estimated $6,040 compared to a typical 5% commission on the median listing price of $302,000. 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.