Is Caledonia, WI 53108 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Caledonia is a seller’s market. With about 2 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$233▼ −15.7% vs. last year

The Caledonia housing market right now

In the three months ending August 31, 2026, 50% of homes in Caledonia, WI 53108 sold above their list price, the typical home went under contract in 52 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 78%, homes sold more slowly (34 days then) and the median sale price fell 6% to $346,350. Overall, Caledonia is less competitive than a year ago, which gives buyers more room.

Within Racine County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell more often over asking than in 82%.

Nearby, buyers who want less competition could look at Franksville 53126 (33% sold over asking) or Racine 53403 (38% sold over asking), while Sturtevant 53177 (60% sold over asking) is even more competitive.

Nearby markets

Burlington 53105Seller’s market $227 /sq ftFranksville 53126Seller’s market $239 /sq ftKansasville 53139Seller’s market $285 /sq ftRacine 53402Seller’s market $190 /sq ft Browse all markets →

Where Caledonia is

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Questions about Caledonia real estate

Is Caledonia a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Caledonia, WI 53108 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Caledonia?

The typical home went under contract in 52 days in the latest three months.

Do homes in Caledonia sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.

What are property taxes in Caledonia?

About 1.63% of a home’s value a year in Racine County, or roughly $6,520 on a $400,000 home.

What is the median home price in Caledonia?

The median sale price was $346,350 in the three months ending August 31, 2026, about $233 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology