Is Niagara, WI 54151 a buyer’s or seller’s market?
Niagara is a seller’s market. With about 1.2 months of supply and 18% 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.
The Niagara housing market right now
In the three months ending August 31, 2026, 18% of homes in Niagara, WI 54151 sold above their list price, the typical home went under contract in 78 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (54 days then) and the median sale price fell 11% to $177,423. Overall, Niagara is more competitive than a year ago, so tougher for buyers.
Within Marinette County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 73%.
Nearby, buyers who want less competition could look at Dunbar 54119 (0% sold over asking) or Athelstane 54104 (0% sold over asking), while Coleman 54112 (67% sold over asking) and Peshtigo 54157 (43% sold over asking) are even more competitive.
Run the numbers for 54151
Nearby markets
Amberg 54102Buyer’s market $240 /sq ftAthelstane 54104Seller’s market $245 /sq ftColeman 54112Seller’s market $180 /sq ftCrivitz 54114Seller’s market $204 /sq ft Browse all markets →Towns like Niagara nearby
Find towns like Niagara in other states →Where Niagara is
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Questions about Niagara real estate
Is Niagara a buyer’s or seller’s market?
A seller’s market: there were 1.2 months of supply in Niagara, WI 54151 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 Niagara?
The typical home went under contract in 78 days in the latest three months.
Do homes in Niagara sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Niagara?
About 1.20% of a home’s value a year in Marinette County, or roughly $4,800 on a $400,000 home.
What is the median home price in Niagara?
The median sale price was $177,423 in the three months ending August 31, 2026, about $129 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