Is Somerset, WI 54025 a buyer’s or seller’s market?
Somerset is a seller’s market. With about 1.6 months of supply and 23% 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 70% of U.S. ZIP codes, and #154 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 Somerset housing market right now
In the three months ending August 31, 2026, 23% of homes in Somerset, WI 54025 sold above their list price, the typical home went under contract in 26 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 40 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold faster (45 days then) and the median sale price fell 3% to $439,710. Overall, Somerset is about as competitive as it was a year ago.
Within St. Croix County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 78%. On our competition score, Somerset ranks #154 of 319 WI ZIP codes with enough sales (score 66 out of 100).
Nearby, buyers who want less competition could look at Wilson 54027 (0% sold over asking), while Hammond 54015 (72% sold over asking) and Houlton 54082 (60% sold over asking) are even more competitive.
Run the numbers for 54025
Nearby markets
Baldwin 54002Seller’s market $200 /sq ftDeer Park 54007 — /sq ftGlenwood City 54013Balanced $179 /sq ftHammond 54015Seller’s market $241 /sq ft Browse all markets →Towns like Somerset nearby
Find towns like Somerset in other states →Where Somerset is
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Questions about Somerset real estate
Is Somerset a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Somerset, WI 54025 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 Somerset?
The typical home went under contract in 26 days in the latest three months.
Do homes in Somerset sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Somerset?
About 1.17% of a home’s value a year in St. Croix County, or roughly $4,680 on a $400,000 home.
What is the median home price in Somerset?
The median sale price was $439,710 in the three months ending August 31, 2026, about $198 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