Is Mishicot, WI 54228 a buyer’s or seller’s market?
Mishicot is a seller’s market. With about 2.7 months of supply and 57% 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 Mishicot housing market right now
In the three months ending August 31, 2026, 57% of homes in Mishicot, WI 54228 sold above their list price, the typical home went under contract in 72 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 75%, homes sold more slowly (30 days then) and the median sale price fell 4% to $249,892. Overall, Mishicot is less competitive than a year ago, which gives buyers more room.
Within Manitowoc County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 70%.
Nearby, buyers who want less competition could look at Saint Nazianz 54232 (0% sold over asking) or Whitelaw 54247 (25% sold over asking), while Valders 54245 (100% sold over asking) and Cleveland 53015 (71% sold over asking) are even more competitive.
Run the numbers for 54228
Nearby markets
Cleveland 53015Seller’s market $164 /sq ftCollins 54207 — /sq ftFrancis Creek 54214 — /sq ftKiel 53042Seller’s market $205 /sq ft Browse all markets →Towns like Mishicot nearby
Find towns like Mishicot in other states →Where Mishicot is
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Questions about Mishicot real estate
Is Mishicot a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Mishicot, WI 54228 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 Mishicot?
The typical home went under contract in 72 days in the latest three months.
Do homes in Mishicot sell over asking?
57% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.
What are property taxes in Mishicot?
About 1.44% of a home’s value a year in Manitowoc County, or roughly $5,760 on a $400,000 home.
What is the median home price in Mishicot?
The median sale price was $249,892 in the three months ending August 31, 2026, about $176 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