Minong, WI—54859
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Minong, WI
Minong, WI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $312,000 | 0.4% |
| Single Family | $312,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $279,000 | 1.1% |
3 Bed | $365,000 | 1.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Minong, WI
Minong, WI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Minong, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Minong, WI is 80. This is a increase of 6.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | 31.0% |
Listing Count | 15 | -40.0% |
| Listings as % of Homes | 0.2% | -40.0% |
Days on Market | 80 | 6.0% |
Demographics — Minong, WI
As of the latest ACS Survey released in 2023, Minong, WI has a population of 2,260, which has increased by 33.4% over the past 5 years. Minong, WI is a moderately popular place for families, as children make up 17.1% of the population. The area has a poorly educated workforce, with 23.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,260 | 33.4% |
% Under 18 | 17.1% | 6.2% |
% Seniors | 29.7% | -4.2% |
% WFH | 9.4% | 84.3% |
% w/ College Degree | 23.4% | 24.5% |
As of the latest ACS Survey released in 2023, Minong, WI is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Minong, WI is hispanic, making up 1.7% of the population. Foreign-born residents account for 1.6% of the population in Minong, WI, and this percentage has increased by 23.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.4% | -3.9% |
% Black | 0.8% | 700.0% |
% Hispanic | 1.7% | 466.7% |
% Asian | 1.1% | 120.0% |
% Foreign Born | 1.6% | 23.1% |
Mortgage and Risk — Minong, WI
According to HUD data as of 2023, there were 60 mortgage originations in Minong, WI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Minong, WI. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 38.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Minong, WI
Minong, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 39 |
Total Units Section 8 | 40 |
% Rentals under Section 8 | 20.8% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Minong, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $312,000 |
| Median Household Income | $51,600 |