Is Waterford, WI 53185 a buyer’s or seller’s market?

The Waterford housing market right now

In the three months ending August 31, 2026, 46% of homes in Waterford, WI 53185 sold above their list price, the typical home went under contract in 47 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 84 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 42%, homes sold about as fast and the median sale price rose 11% to $499,784. Overall, Waterford is more competitive than a year ago, so tougher for buyers.

Within Racine County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell less often over asking than in 55%. On our competition score, Waterford ranks #118 of 319 WI ZIP codes with enough sales (score 72 out of 100).

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) and Caledonia 53108 (50% sold over asking) are even more competitive.