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THORP, WI 54771

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The THORP, WI real estate market (54771) currently shows 7 active listings, with 4 pending sales. Homes are averaging 116 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 116 days on market compared to 102 days last year.

The median listing price has fallen 37.6% year-over-year, from $245,000 to $153,000.

Whether you are buying or selling in THORP, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,317  ·  Density: 11.2/mi²  ·  Median household income: $66,711

Typical home value: $157,947  ·  Homeownership: 80.4%

Market Overview

Active Listings
7
⇩ 12.5% vs 8 last year
Pending
4
57% pending ratio
Median Price
$153,000
⇩ 37.6% vs $245,000 last year
Average Price
$149,375
⇩ 44.5% vs $269,043 last year
Days on Market
116
⇧ 13.7% vs 102 days last year

Price Per Square Foot

Median $/sqft
$125
⇩ 15.5% vs $148/sqft last year
Median Home Size
1,172 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 8 last year
  • Days on market: 116 now vs 102 last year

Median & Average Pricing

Year over Year
  • Median: $153,000 (-37.6% YoY)
  • Average: $149,375 (-44.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.6 miles — 103 listings ($37,099,593 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54771Thorp, WI 547710.0 mi8$1,504,000$210,000$188,000
54726Boyd, WI 5472610.5 mi3$1,462,500$462,500$487,500
54447Lublin, WI 5444712.1 mi2$239,900$119,950$119,950
54460Owen, WI 5446013.2 mi6$1,214,850$222,500$202,475
54727Cadott, WI 5472717.4 mi9$4,577,499$449,000$508,611
54433Gilman, WI 5443319.6 mi4$1,024,900$265,000$256,225
54722Augusta, WI 5472220.3 mi7$7,619,500$212,000$1,088,500
54425Dorchester, WI 5442523.4 mi3$681,000$227,000$227,000
54748Jim Falls, WI 5474824.9 mi1$289,900$289,900$289,900
54742Fall Creek, WI 5474225.4 mi11$3,892,955$341,379$353,905
54479Spencer, WI 5447926.2 mi13$3,704,714$259,900$284,978
54456Neillsville, WI 5445627.4 mi31$8,819,500$254,900$284,500
54745Holcombe, WI 5474527.6 mi5$2,068,375$407,450$413,675

Frequently Asked Questions

How many homes are for sale in THORP, WI 54771?

As of February 2026, there are 7 active listings in THORP, WI (zip code 54771), compared to 8 the prior year.

What is the median home price in THORP, WI 54771?

The median listing price in THORP, WI 54771 is $153,000 as of February 2026, a 37.6% decrease from $245,000 the prior year.

How long do homes stay on the market in THORP, WI?

Homes in THORP, WI 54771 spend an average of 116 days on the market before going under contract, compared to 102 days the prior year.

Is it a seller's or buyer's market in THORP, WI 54771?

Based on current inventory and days-on-market data as of February 2026, THORP, WI 54771 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 116 days on market compared to 102 days last year.

How much can I save on real estate commission in THORP, WI?

With SELL123.com's maximum 3% commission, sellers in THORP, WI 54771 save an estimated $3,060 compared to a typical 5% commission on the median listing price of $153,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.