Neenah Housing Update: Prices Up, Workforce Project Advances
Neenah, WI – March 8, 2026 – Home prices jumped year over year as a 50-unit workforce housing proposal moves ahead and rents trend higher.
Home values in Neenah are climbing as new housing plans move through early approvals.
Top takeaways
- Median sale price reached $315K in January, up 28.6% year over year.
- Homes averaged 51 days on market, slightly faster than last year.
- A 50-unit workforce housing project is pursuing state tax credits.
- Median rent sits around $1,311, up 10% from a year ago.
Market snapshot
According to Redfin, the median sale price in January 2026 was about $315,000, a sharp increase from a year earlier. Eighteen homes sold during the month, down from 21 last year, while days on market improved modestly to 51 days. Realtor.com shows a median list price near $320,000, signaling sellers are still aiming high as spring approaches.
On the rental side, Zumper reports a median rent of $1,311 as of mid-February, with overall rents up roughly 10% year over year. Apartments.com places the average apartment rent closer to $1,012 per month, reflecting variation by unit type and size.
Development watch
A proposed $18 million development at 1311 S. Commercial Street would bring 50 workforce-oriented units plus about 2,100 square feet of commercial space. Plans call for a mix of apartments, stacked flats and townhomes. The project depends on state tax credits expected to be awarded in May; if approved, construction could begin in spring 2027.
What’s for sale
Active listings range from entry-level single-family homes to newer builds in subdivisions such as Mahler Farms, along with higher-end properties above $600K. Buyers are also seeing a mix of three- and four-bedroom homes priced in the low-to-mid $300Ks.
Are you seeing more listings—or more competition—as we head into the spring market?
Sources
https://www.redfin.com/city/14426/WI/Neenah/housing-market
https://www.realtor.com/realestateandhomes-search/Neenah_WI
https://www.zumper.com/rent-research/neenah-wi
https://www.apartments.com/rent-market-trends/neenah-wi/
https://wtaq.com/2026/02/12/neenah-pursuing-50-unit-development-would-include-workforce-housing-commercial-space/