54949, Manawa, WI

The Manawa zip code 54949 has a population of just over 2,000 people and is located in the eastern part of the state. The median household income in this zip code is just over $60,000, which is significantly higher than the statewide median income of $51,046. In addition, home prices in this zip code are significantly higher than the statewide average. As of March 2017, the median home value in Manawa was $269,900 which is more than double the statewide median home value of $122,500.

One reason why home values are so high in Manawa is that there are a limited number of homes available for sale. In fact, as of March 2017 there were only 104 homes for sale in this zip code which is less than one-third the number of homes available for sale statewide. This lack of inventory has driven up prices and made it difficult for potential buyers to find a suitable home.

Another factor that has contributed to high home values in Manawa is the low unemployment rate. As of March 2017, unemployment rates were below 3% both within and outside this zip code. This low unemployment rate has helped to drive up wages which have then led to increased demand for housing and increased prices.

Despite these factors, there may be some signs that prices may be beginning to decline in Manawa due to increasing interest rates and an increase in inventory availability across all areas of Wisconsin. If these trends continue then it's likely that prices will eventually fall back down to more normal levels across Wisconsin