Is Lena, WI 54139 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lena is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market
Sold above original list60%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$265▲ +103.7% vs. last year

The Lena housing market right now

In the three months ending August 31, 2026, 60% of homes in Lena, WI 54139 sold above their list price, the typical home went under contract in 42 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold more slowly (14 days then) and the median sale price rose 71% to $367,841. Overall, Lena is more competitive than a year ago, so tougher for buyers.

Within Oconto County, homes here sell faster than in 91% of the county’s ZIP codes, and sell more often over asking than in 91%.

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) is even more competitive.

Nearby markets

Abrams 54101Seller’s market $212 /sq ftGillett 54124Seller’s market $174 /sq ftLakewood 54138Balanced $212 /sq ftLittle Suamico 54141Seller’s market $216 /sq ft Browse all markets →

Where Lena is

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Questions about Lena real estate

Is Lena a buyer’s or seller’s market?

A balanced market: there were 4.5 months of supply in Lena, WI 54139 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 Lena?

The typical home went under contract in 42 days in the latest three months.

Do homes in Lena sell over asking?

60% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.

What are property taxes in Lena?

About 1.18% of a home’s value a year in Oconto County, or roughly $4,720 on a $400,000 home.

What is the median home price in Lena?

The median sale price was $367,841 in the three months ending August 31, 2026, about $265 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