Is Kewaunee, WI 54216 a buyer’s or seller’s market?
Kewaunee 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.
The Kewaunee housing market right now
In the three months ending August 31, 2026, 50% of homes in Kewaunee, WI 54216 sold above their list price, the typical home went under contract in 39 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. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 19%, homes sold faster (44 days then) and the median sale price rose 37% to $266,885. Overall, Kewaunee is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Algoma 54201 (19% sold over asking) or Casco 54205 (33% sold over asking).
Run the numbers for 54216
Nearby markets
Algoma 54201Seller’s market $185 /sq ftCasco 54205Seller’s market $140 /sq ftLuxemburg 54217Seller’s market $228 /sq ft Browse all markets →Towns like Kewaunee nearby
Find towns like Kewaunee in other states →Where Kewaunee is
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Questions about Kewaunee real estate
Is Kewaunee a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in Kewaunee, WI 54216 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 Kewaunee?
The typical home went under contract in 39 days in the latest three months.
Do homes in Kewaunee sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 105.3% of the list price.
What are property taxes in Kewaunee?
About 1.44% of a home’s value a year in Kewaunee County, or roughly $5,760 on a $400,000 home.
What is the median home price in Kewaunee?
The median sale price was $266,885 in the three months ending August 31, 2026, about $182 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