Is New Franken, WI 54229 a buyer’s or seller’s market?

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

New Franken is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.6Under 4 months = seller’s market
Sold above original list42.8%Share of sales, last 3 months
Median sale-to-list101%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$205▼ −6.9% vs. last year

The New Franken housing market right now

In the three months ending August 31, 2026, 43% of homes in New Franken, WI 54229 sold above their list price, the typical home went under contract in 36 days and there were 4.6 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 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 69%, homes sold about as fast and the median sale price rose 31% to $459,801. Overall, New Franken is less competitive than a year ago, which gives buyers more room.

Within Brown County, homes here sell faster than in 92% of the county’s ZIP codes, and sell less often over asking than in 69%.

Nearby, buyers who want less competition could look at Suamico 54173 (18% sold over asking) or Oneida 54155 (38% sold over asking), while Green Bay 54307 (100% sold over asking) and Greenleaf 54126 (83% sold over asking) are even more competitive.

Nearby markets

De Pere 54115Seller’s market $213 /sq ftDenmark 54208Seller’s market $191 /sq ftGreen Bay 54301Seller’s market $175 /sq ftGreen Bay 54302Seller’s market $169 /sq ft Browse all markets →

Where New Franken is

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Questions about New Franken real estate

Is New Franken a buyer’s or seller’s market?

A balanced market: there were 4.6 months of supply in New Franken, WI 54229 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 New Franken?

The typical home went under contract in 36 days in the latest three months.

Do homes in New Franken sell over asking?

43% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.

What are property taxes in New Franken?

About 1.38% of a home’s value a year in Brown County, or roughly $5,520 on a $400,000 home.

What is the median home price in New Franken?

The median sale price was $459,801 in the three months ending August 31, 2026, about $205 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