Washburn, WI Foreclosures
Current Market Conditions in in Washburn, WI As of February 2026?
This past month, the Washburn real estate market has remained active, with a notable uptick in buyer interest. The number of homes sold has increased by approximately 15% compared to last month, indicating a robust demand. The market has been characterized by a quick turnover of listings, especially those in prime locations near the water. Prices have maintained a stable trend, yet buyers may notice slightly higher average prices due to competitive bidding on well-located properties. Sellers are benefiting from this trend, as homes are being sold at or above asking prices, marking a favorable condition for the market overall.
How much do homes sell for in Washburn, WI?
The average home price is currently $301,873.
In Washburn, WI, how many homes are available?
There are currently 7 active home listings available in Washburn.
What’s the average rental cost in Washburn, WI?
The average rental price in Washburn is $1,448.
What is the most expensive home in Washburn?
The most expensive home sold in Washburn had a price of $2,691,304.
What is currently the cheapest priced home in Washburn, WI?
The cheapest home for sale in Washburn is priced at $14,185.
Living in Washburn, WI
Washburn, Wisconsin, is a charming small town located on the shores of Lake Superior. Known for its rich history and vibrant arts scene, it offers a welcoming community atmosphere. Residents enjoy outdoor recreational activities, including hiking, fishing, and boating, making it an ideal location for nature lovers.
Buyer vs Seller Market in Washburn, WI
Over the past year, Washburn's real estate market has seen a steady increase in property values as more buyers are drawn to the area for its natural beauty and recreational opportunities. The demand for homes has escalated, particularly for properties that offer views of Lake Superior. This trend indicates a growing interest in real estate investments within the town, making it an attractive option for potential buyers looking for both primary residences and vacation homes.
In the last month, the Washburn real estate market has remained competitive, with an increase in the number of homes sold compared to previous months. Inventory remains low, but new listings are hitting the market, providing potential buyers with options. Buyers are advised to act quickly, as desirable properties often receive multiple offers.
Home Value Estimator For Washburn, WI
There are currently 1,703 real estate properties
in Washburn, WI,
with a median automated valuation model (AVM) price
of $241,325.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Washburn, WI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Washburn, WI,
is $301,873.00, with the most expensive house
in Washburn, WI, topping out
at $2,691,304.00 and the cheapest home
in Washburn, WI,
clocking in at $14,185.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Washburn, WI!
Rent Prices
In Washburn, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Washburn, WI, is on
a rollercoaster ride. The
average rent price in Washburn, WI,
is $1,448.00. Indeed, when looking to rent in
Washburn, WI, you can expect to pay as little
as $980.00 or as much
as $2,120.00,
with the average rent median estimated to
be $1,460.00. The good news is that finding
an affordable and desirable property to rent in Washburn, WI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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