Is New Glarus, WI 53574 a buyer’s or seller’s market?
New Glarus is a seller’s market. With about 2.1 months of supply and 29% 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.
More competitive than 52% of U.S. ZIP codes, and #245 of 319 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The New Glarus housing market right now
In the three months ending August 31, 2026, 29% of homes in New Glarus, WI 53574 sold above their list price, the typical home went under contract in 66 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 22 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold more slowly (61 days then) and the median sale price rose 3% to $424,816. Overall, New Glarus is more competitive than a year ago, so tougher for buyers.
Within Green County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 60%. On our competition score, New Glarus ranks #245 of 319 WI ZIP codes with enough sales (score 51 out of 100).
Nearby, buyers who want less competition could look at Browntown 53522 (0% sold over asking) or Monticello 53570 (20% sold over asking), while Brooklyn 53521 (57% sold over asking) and Monroe 53566 (37% sold over asking) are even more competitive.
Run the numbers for 53574
Nearby markets
Albany 53502Balanced $220 /sq ftBrooklyn 53521Seller’s market $263 /sq ftBrowntown 53522Buyer’s market $158 /sq ftJuda 53550 — /sq ft Browse all markets →Towns like New Glarus nearby
Find towns like New Glarus in other states →Where New Glarus is
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Questions about New Glarus real estate
Is New Glarus a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in New Glarus, WI 53574 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 New Glarus?
The typical home went under contract in 66 days in the latest three months.
Do homes in New Glarus sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.
What are property taxes in New Glarus?
About 1.60% of a home’s value a year in Green County, or roughly $6,400 on a $400,000 home.
What is the median home price in New Glarus?
The median sale price was $424,816 in the three months ending August 31, 2026, about $205 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