Is Wausau, WI 54401 a buyer’s or seller’s market?

The Wausau housing market right now

In the three months ending August 31, 2026, 49% of homes in Wausau, WI 54401 sold above their list price, the typical home went under contract in 49 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. That’s based on 103 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 56%, homes sold more slowly (39 days then) and the median sale price rose 17% to $269,883. Overall, Wausau is less competitive than a year ago, which gives buyers more room.

Within Marathon County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Wausau ranks #120 of 319 WI ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Brokaw 54417 (0% sold over asking) or Colby 54421 (20% sold over asking), while Ringle 54471 (67% sold over asking) and Rothschild 54474 (64% sold over asking) are even more competitive.