Is Luxemburg, WI 54217 a buyer’s or seller’s market?
Luxemburg is a seller’s market. With about 2.5 months of supply and 37% 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 51% of U.S. ZIP codes, and #249 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 Luxemburg housing market right now
In the three months ending August 31, 2026, 37% of homes in Luxemburg, WI 54217 sold above their list price, the typical home went under contract in 95 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 20 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (38% then), homes sold more slowly (60 days then) and the median sale price held steady to $394,829. Overall, Luxemburg is less competitive than a year ago, which gives buyers more room.
On our competition score, Luxemburg ranks #249 of 319 WI ZIP codes with enough sales (score 50 out of 100).
Nearby, buyers who want less competition could look at Algoma 54201 (19% sold over asking) or Casco 54205 (33% sold over asking), while Kewaunee 54216 (50% sold over asking) is even more competitive.
Run the numbers for 54217
Nearby markets
Algoma 54201Seller’s market $185 /sq ftCasco 54205Seller’s market $140 /sq ftKewaunee 54216Balanced $182 /sq ft Browse all markets →Towns like Luxemburg nearby
Find towns like Luxemburg in other states →Where Luxemburg is
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Questions about Luxemburg real estate
Is Luxemburg a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in Luxemburg, WI 54217 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 Luxemburg?
The typical home went under contract in 95 days in the latest three months.
Do homes in Luxemburg sell over asking?
37% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.
What are property taxes in Luxemburg?
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 Luxemburg?
The median sale price was $394,829 in the three months ending August 31, 2026, about $228 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