Is Stoughton, WI 53589 a buyer’s or seller’s market?
Stoughton is a seller’s market. With about 2.9 months of supply and 36% 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 64% of U.S. ZIP codes, and #194 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 Stoughton housing market right now
In the three months ending August 31, 2026, 36% of homes in Stoughton, WI 53589 sold above their list price, the typical home went under contract in 51 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 95 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 42%, homes sold more slowly (44 days then) and the median sale price held steady to $425,766. Overall, Stoughton is less competitive than a year ago, which gives buyers more room.
Within Dane County, homes here sell more slowly than in 52% of the county’s ZIP codes, and sell less often over asking than in 52%. On our competition score, Stoughton ranks #194 of 319 WI ZIP codes with enough sales (score 62 out of 100).
Nearby, buyers who want less competition could look at Blue Mounds 53517 (0% sold over asking) or Cross Plains 53528 (21% sold over asking), while Dane 53529 (67% sold over asking) and Madison 53715 (63% sold over asking) are even more competitive.
Run the numbers for 53589
Nearby markets
Belleville 53508Seller’s market $230 /sq ftBlack Earth 53515Balanced $218 /sq ftBlue Mounds 53517Buyer’s market $193 /sq ftCambridge 53523Buyer’s market $219 /sq ft Browse all markets →Towns like Stoughton nearby
Find towns like Stoughton in other states →Where Stoughton is
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Questions about Stoughton real estate
Is Stoughton a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Stoughton, WI 53589 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 Stoughton?
The typical home went under contract in 51 days in the latest three months.
Do homes in Stoughton sell over asking?
36% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Stoughton?
About 1.63% of a home’s value a year in Dane County, or roughly $6,520 on a $400,000 home.
What is the median home price in Stoughton?
The median sale price was $425,766 in the three months ending August 31, 2026, about $241 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