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MASON, WI 54856

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

Market Analysis

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

The MASON, WI real estate market (54856) currently shows 10 active listings, with 5 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 67 days on market compared to 77 days last year.

The median listing price has risen 28.5% year-over-year, from $275,000 to $353,325.

Whether you are buying or selling in MASON, 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: 1,644  ·  Density: 3.0/mi²  ·  Median household income: $66,958

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

Market Overview

Active Listings
10
⇧ 42.9% vs 7 last year
Pending
5
50% pending ratio
Median Price
$353,325
⇧ 28.5% vs $275,000 last year
Average Price
$382,729
⇩ 10.2% vs $426,029 last year
Days on Market
67
⇩ 13% vs 77 days last year

Price Per Square Foot

Median $/sqft
$159
⇩ 23.6% vs $208/sqft last year
Median Home Size
2,022 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 7 last year
  • Days on market: 67 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $353,325 (+28.5% YoY)
  • Average: $382,729 (-10.2% 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 March 2026, there are 10 active listings in MASON, WI (zip code 54856), compared to 7 the prior year.

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

The median listing price in MASON, WI 54856 is $353,325 as of March 2026, a 28.5% increase from $275,000 the prior year.

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

Homes in MASON, WI 54856 spend an average of 67 days on the market before going under contract, compared to 77 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 March 2026, MASON, WI 54856 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 67 days on market compared to 77 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 $7,067 compared to a typical 5% commission on the median listing price of $353,325. 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.