Is Richland Center, WI 53581 a buyer’s or seller’s market?
Richland Center is a seller’s market. With about 2.9 months of supply and 27% 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 45% of U.S. ZIP codes, and #268 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 Richland Center housing market right now
In the three months ending August 31, 2026, 27% of homes in Richland Center, WI 53581 sold above their list price, the typical home went under contract in 54 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 34 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 16%, homes sold faster (83 days then) and the median sale price fell 11% to $239,896. Overall, Richland Center is more competitive than a year ago, so tougher for buyers.
Within Richland County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Richland Center ranks #268 of 319 WI ZIP codes with enough sales (score 45 out of 100).
Nearby, buyers who want less competition could look at Viola 54664 (0% sold over asking) or Sextonville 53584 (0% sold over asking), while Cazenovia 53924 (75% sold over asking) and Lone Rock 53556 (43% sold over asking) are even more competitive.
Run the numbers for 53581
Nearby markets
Blue River 53518Buyer’s market $87 /sq ftCazenovia 53924Seller’s market $218 /sq ftGotham 53540 — /sq ftLone Rock 53556Seller’s market $170 /sq ft Browse all markets →Towns like Richland Center nearby
Find towns like Richland Center in other states →Where Richland Center is
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Questions about Richland Center real estate
Is Richland Center a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Richland Center, WI 53581 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 Richland Center?
The typical home went under contract in 54 days in the latest three months.
Do homes in Richland Center sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Richland Center?
About 1.38% of a home’s value a year in Richland County, or roughly $5,520 on a $400,000 home.
What is the median home price in Richland Center?
The median sale price was $239,896 in the three months ending August 31, 2026, about $150 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