Is Laona, WI 54541 a buyer’s or seller’s market?
Laona is a seller’s market. With about 2.7 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Laona housing market right now
In the three months ending August 31, 2026, 17% of homes in Laona, WI 54541 sold above their list price, the typical home went under contract in 45 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (47 days then) and the median sale price fell 62% to $99,707. Overall, Laona is more competitive than a year ago, so tougher for buyers.
Within Forest County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Long Lake 54542 (0% sold over asking) or Pickerel 54465 (0% sold over asking), while Armstrong Creek 54103 (100% sold over asking) and Wabeno 54566 (33% sold over asking) are even more competitive.
Run the numbers for 54541
Nearby markets
Argonne 54511Buyer’s market $189 /sq ftArmstrong Creek 54103Buyer’s market $353 /sq ftCrandon 54520Seller’s market $221 /sq ftLong Lake 54542Balanced $226 /sq ft Browse all markets →Towns like Laona nearby
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Questions about Laona real estate
Is Laona a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Laona, WI 54541 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Laona?
The typical home went under contract in 45 days in the latest three months.
Do homes in Laona sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 89.7% of the list price.
What are property taxes in Laona?
About 1.07% of a home’s value a year in Forest County, or roughly $4,280 on a $400,000 home.
What is the median home price in Laona?
The median sale price was $99,707 in the three months ending August 31, 2026, about $104 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology