Is Shullsburg, WI 53586 a buyer’s or seller’s market?

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

Shullsburg is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list95.1%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$106▼ −13.5% vs. last year

The Shullsburg housing market right now

In the three months ending August 31, 2026, 33% of homes in Shullsburg, WI 53586 sold above their list price, the typical home went under contract in 64 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (33% then), homes sold more slowly (31 days then) and the median sale price rose 5% to $149,935. Overall, Shullsburg is less competitive than a year ago, which gives buyers more room.

Within Lafayette County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 57%.

Nearby, buyers who want less competition could look at Benton 53803 (0% sold over asking) or Gratiot 53541 (0% sold over asking), while South Wayne 53587 (100% sold over asking) and Blanchardville 53516 (50% sold over asking) are even more competitive.

Nearby markets

Argyle 53504Seller’s market $188 /sq ftBelmont 53510Seller’s market $169 /sq ftBenton 53803Seller’s market $115 /sq ftBlanchardville 53516Seller’s market $157 /sq ft Browse all markets →

Where Shullsburg is

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Questions about Shullsburg real estate

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

A buyer’s market: there were 6.4 months of supply in Shullsburg, WI 53586 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 Shullsburg?

The typical home went under contract in 64 days in the latest three months.

Do homes in Shullsburg sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 95.1% of the list price.

What are property taxes in Shullsburg?

About 1.57% of a home’s value a year in Lafayette County, or roughly $6,280 on a $400,000 home.

What is the median home price in Shullsburg?

The median sale price was $149,935 in the three months ending August 31, 2026, about $106 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