Is Minong, WI 54859 a buyer’s or seller’s market?

The Minong housing market right now

In the three months ending August 31, 2026, 38% of homes in Minong, WI 54859 sold above their list price, the typical home went under contract in 59 days and there were 5.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold more slowly (51 days then) and the median sale price rose 11% to $427,315. Overall, Minong is more competitive than a year ago, so tougher for buyers.

Within Washburn County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Minong ranks #253 of 319 WI ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at Shell Lake 54871 (11% sold over asking) or Birchwood 54817 (11% sold over asking), while Sarona 54870 (44% sold over asking) is even more competitive.