Neillsville Housing Update: Values Up 10% Year Over Year, Inventory Modest
Neillsville, WI – March 14, 2026 – Home values are up 10.5% year over year, with about 30+ homes for sale and steady rental demand.
Top takeaways
- Typical home value around $200K, up 10.5% year over year.
- Median list price near $249K with roughly 30+ homes on the market.
- Average rent about $950 per month, up modestly from last year.
Market snapshot
Home values in Neillsville continue to trend higher. Zillow reports a typical home value of $199,940, a 10.5% increase over the past year, based on data through late 2025. Inventory remains limited, with roughly 30 to 35 homes listed for sale at the end of the year.
Realtor.com data shows a median listing price around $249,000 and recent sales closing below asking price on average, suggesting buyers are seeing some negotiating room compared with the peak frenzy of prior years.
What’s for sale
Current listings range from in-town single-family homes to rural properties on acreage. For example, a three-bedroom, two-bath ranch on nearly an acre south of town is listed around $185K, reflecting continued demand for affordable homes with extra land. Other active listings cluster in the mid-$200Ks, often featuring updated interiors, garages, or larger lots.
With limited new construction activity publicly reported in recent weeks, most options remain resale homes and small-acreage properties.
Rental trends
The average apartment rent is about $950 per month as of February 2026, up roughly 2% from a year ago. That keeps rents well below national averages, which may continue to attract first-time buyers comparing mortgage payments to local lease rates.
Outlook
Rising values and modest inventory point to a stable but competitive small-market environment. Buyers appear more price-sensitive than a year ago, while sellers with well-maintained, move-in-ready homes remain in a strong position.
Are you seeing quicker sales, price reductions, or more listings in your neighborhood?
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