Is Gillett, WI 54124 a buyer’s or seller’s market?

The Gillett housing market right now

In the three months ending August 31, 2026, 47% of homes in Gillett, WI 54124 sold above their list price, the typical home went under contract in 68 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 67%, homes sold more slowly (34 days then) and the median sale price rose 10% to $260,887. Overall, Gillett is less competitive than a year ago, which gives buyers more room.

Within Oconto County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell more often over asking than in 73%. On our competition score, Gillett ranks #169 of 319 WI ZIP codes with enough sales (score 65 out of 100).

Nearby, buyers who want less competition could look at Lakewood 54138 (10% sold over asking) or Pound 54161 (17% sold over asking), while Little Suamico 54141 (78% sold over asking) and Lena 54139 (60% sold over asking) are even more competitive.