The story of this market
The typical home in ZIP 54494 sells for about $252,500, or $140 per square foot.
Prices are roughly flat from a year ago (-0.06%), a market in balance. Homes take about 17 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $931 a month.
ZIP 54494 — Wisconsin Rapids
The Wisconsin Rapids housing market is currently stable, characterized by a median sale price of $252,500 and a relatively short median time on market of 17 days. Inventory remains constrained with approximately 106 active listings, supporting a balanced environment for buyers and sellers. Market activity is driven by local employment stability and consistent demand for affordable single-family housing.
This ZIP is well-suited for family buyers and those seeking affordable housing options in a stable, small-city environment with access to regional amenities.
Median prices moved down 0.1% year over year.
Homes spend a median of 17 days on market with 2.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 8.6% — a stable, low-distress profile.
ZCTA 54494, Wisconsin
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Wisconsin Rapids Public School District, which provides a range of public education options for the community.
The region is subject to standard Midwestern weather patterns, including winter snow and occasional severe summer storms; flood risk is managed through local zoning and regional water management.
Economic momentum is characterized by a mix of manufacturing and healthcare sectors, with the Heart of Wisconsin Chamber of Commerce supporting local business development.
Property taxes are assessed at the municipal and county levels in Wisconsin, with rates determined by local school district and municipal budget requirements.
The area is primarily car-dependent, with local roads providing access to regional employment hubs within Wood County.
Residents have access to the Wisconsin River, local parks, and the downtown farmer's market, with various sports organizations and winter activity venues available.
The rental market shows moderate demand with a mix of single-family and apartment offerings; vacancy rates remain stable.
The local economy is anchored by manufacturing, healthcare, and government services, with the Wood County Courthouse serving as a central administrative hub.
Transportation is primarily facilitated by highway corridors connecting Wisconsin Rapids to surrounding regional centers.
Development efforts are focused on maintaining existing infrastructure and supporting community-based housing initiatives.
Wood County manages property assessments through the county government office located in Wisconsin Rapids.
Parcels are subject to local school district levies and municipal utility service districts.
Property insurance markets are stable, reflecting typical regional risk profiles for the upper Midwest.
Data retrieved from US Census Bureau and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Putt -N- Play4.716 mi
- Tactical Escape 101- Stevens Point Escape Room4.916.4 mi
- Lake Arrowhead - Pines Course4.613.3 mi
- Ridges Golf Course And Banquet Facility4.42.3 mi
- Hollyrock's, LLC4.50.6 mi
- Sky Club Supper Club4.314.6 mi
- Golden Sands Speedway4.68 mi
- Ho-Chunk Gaming Nekoosa3.710.2 mi
- South Wood County Park & Campground4.63.9 mi
- Wisconsin Rapids Municipal Zoo4.21.6 mi
- Rogers Cinema 64.30.6 mi
- Rooted In Red4.84.1 mi
- Food + Farm Exploration Center4.815.2 mi
- Schmeeckle Reserve Visitor Center4.916.5 mi
- Central Wisconsin Children's Museum4.515 mi
- Wisconsin Fire & EMS Memorial4.81.7 mi
- International Ink Tattoos515.1 mi
- South Wood County Park & Campground4.63.9 mi
- Cera County Park & Campground4.16.4 mi
- Nepco Lake County Park4.32.3 mi
- Robinson Park4.21.1 mi
- Riverside Park4.55.4 mi
- Lure Bar & Grill3.915.1 mi
- Ridges Golf Course And Banquet Facility4.42.3 mi
- Bullseye Golf Club4.71.8 mi
- Homestead Golf Course & Supper Club4.44.2 mi
- Pick 'n Save40.4 mi
- Dollar General3.91.2 mi
- Cross Roads Center4.30.4 mi
- Central Wisconsin Airport4.328.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational opportunities including boating and fishing.
Local community market featuring regional produce and goods.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.