Crandon Housing Update: Values Climb as Listings Stay Tight
Crandon, WI – March 9, 2026 – Home values are up year over year while listings remain limited, with land dominating current inventory.
Top takeaways
- Typical home value about $224K, up 10.2% year over year.
- Roughly 16 homes listed at year-end, pointing to tight supply.
- Median listing price around $114K, with many land parcels on market.
Home values in Crandon continue to post annual gains. Zillow’s Home Value Index shows a typical value of $223,804, up 10.2% from a year earlier (data through December 2025). That steady appreciation comes even as the number of homes available remains limited.
At the end of December, Zillow reported about 16 properties for sale locally, underscoring a relatively small inventory base. In a market this size, a handful of new listings or sales can quickly shift pricing and days on market.
Prices and inventory
Realtor.com places the median listing price near $113,900, reflecting a mix of modest single-family homes and lower-priced land offerings. Several current listings are wooded lots and multi-acre parcels, with asking prices commonly ranging from the high $20Ks to about $50K for 1 to 5 acres. A separate brokerage site shows a median home value near $219,000, broadly aligning with Zillow’s estimate.
The mix suggests buyers are weighing both entry-level homes and buildable land, a pattern common in smaller Northwoods communities where custom builds and seasonal properties play a role.
What’s for sale now
- Multiple 5-acre-plus lots priced around $50K.
- Three-acre wooded parcels near the low $40Ks.
- Single-family homes spanning roughly the low $100Ks to $300K+ depending on acreage and updates.
With inventory relatively lean, well-priced homes can attract attention quickly, while unique or higher-priced properties may take longer to find the right buyer.
Are you seeing more showings, price adjustments, or new construction activity in your neighborhood this spring?
Sources
https://www.zillow.com/home-values/24254/crandon-wi/
https://www.zillow.com/crandon-wi/
https://www.realtor.com/realestateandhomes-search/Crandon_WI
https://www.klapperichrealestate.com/homes-for-sale/WI/Crandon