Is Washington Island, WI 54246 a buyer’s or seller’s market?

The Washington Island housing market right now

In the three months ending August 31, 2026, 25% of homes in Washington Island, WI 54246 sold above their list price, the typical home went under contract in 53 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (91 days then) and the median sale price fell 48% to $289,875. Overall, Washington Island is more competitive than a year ago, so tougher for buyers.

Within Door County, homes here sell faster than in 78% of the county’s ZIP codes, and sell less often over asking than in 78%.

Nearby, buyers who want less competition could look at Ellison Bay 54210 (0% sold over asking) or Brussels 54204 (0% sold over asking), while Ephraim 54211 (100% sold over asking) and Forestville 54213 (60% sold over asking) are even more competitive.