Is Kiel, WI 53042 a buyer’s or seller’s market?

The Kiel housing market right now

In the three months ending August 31, 2026, 47% of homes in Kiel, WI 53042 sold above their list price, the typical home went under contract in 32 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 20 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (49 days then) and the median sale price held steady to $345,451. Overall, Kiel is about as competitive as it was a year ago.

Within Manitowoc County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Kiel ranks #81 of 319 WI ZIP codes with enough sales (score 76 out of 100).

Nearby, buyers who want less competition could look at Saint Nazianz 54232 (0% sold over asking) or Whitelaw 54247 (25% sold over asking), while Valders 54245 (100% sold over asking) and Cleveland 53015 (71% sold over asking) are even more competitive.