The story of this market
The typical home in ZIP 54956 sells for about $293,700, or $178 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,058 a month.
ZIP 54956 — Neenah
The Neenah housing market shows steady performance with a median sale price of $293,700 and a healthy inventory level. Demand remains consistent, driven by the area's strong school district and stable employment base in the Fox Cities. While price growth has moderated, the market remains competitive for well-priced, move-in-ready homes.
This ZIP is ideal for families seeking high-quality schools and a stable community, as well as professionals commuting to the broader Fox Cities area. It is less suited for investors looking for immediate high-yield cash flow due to the current price-to-rent ratio.
Median prices moved up 4.2% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.8% · poverty 6.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 54956, Winnebago County WI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Neenah generally experiences lower crime rates compared to the national average, with property crime being the primary concern. Local law enforcement maintains a stable presence, and the area is considered safe relative to larger urban centers in Wisconsin.
The Neenah Joint School District is highly regarded, consistently receiving strong accountability ratings from the Wisconsin Department of Public Instruction. Schools in the area are noted for their academic performance and community involvement.
The area faces moderate risks related to severe winter weather and occasional flooding near the Fox River and Lake Winnebago. Property insurance premiums are generally stable but reflect regional exposure to wind and water damage.
Neenah benefits from a diverse economic base anchored by manufacturing, paper production, and healthcare. Infrastructure investments in the Fox Cities region continue to support steady residential and commercial development.
Property taxes in Neenah are levied by the city, Winnebago County, and the Neenah Joint School District. The state of Wisconsin utilizes a property tax credit system to offset local levies, and there are no local income taxes.
Residents typically enjoy a straightforward commute to major employment hubs in Appleton and Oshkosh via the I-41 corridor. Public transit options are limited, making personal vehicle ownership the primary mode of transportation.
The area offers extensive access to Lake Winnebago and the Fox River, featuring numerous parks, boat launches, and trail systems. Downtown Neenah provides a walkable district with local shopping, dining, and cultural venues.
The rental market is characterized by steady demand and low vacancy rates, though rising home prices have made cash-flow difficult for investors. Short-term rental activity is present but regulated by local municipal ordinances.
The economy is driven by the paper and packaging industry, healthcare services, and manufacturing. Major employers in the region include Kimberly-Clark and various regional health systems.
The area is served by the I-41 highway, which acts as the primary artery for regional travel. Public transportation is provided by Valley Transit, connecting Neenah to the broader Fox Cities.
Development is focused on infill residential projects and the modernization of existing commercial infrastructure. City planning emphasizes maintaining the historic character of the downtown while expanding housing options.
The Winnebago County assessor maintains property values based on annual market analysis and periodic revaluations to ensure equitable taxation.
Parcels are subject to school district levies, vocational technical college district taxes, and local municipal utility assessments.
Property insurance remains stable, though homeowners are encouraged to maintain coverage for wind and water-related hazards common to the Great Lakes region.
Data retrieved from data.census.gov ZCTA 54956 profile.
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.
A major waterfront park on the Fox River featuring trails and picnic areas.
Provides extensive recreational opportunities including boating, fishing, and ice activities.
Historic district with a variety of local boutiques, restaurants, and professional services.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.