Is Amherst, WI 54406 a buyer’s or seller’s market?
Amherst is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Amherst housing market right now
In the three months ending August 31, 2026, 38% of homes in Amherst, WI 54406 sold above their list price, the typical home went under contract in 48 days and there were 4.4 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 8 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 14%, homes sold more slowly (40 days then) and the median sale price rose 43% to $383,584. Overall, Amherst is more competitive than a year ago, so tougher for buyers.
Within Portage County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in 80%.
Nearby, buyers who want less competition could look at Nelsonville 54458 (0% sold over asking) or Amherst Junction 54407 (0% sold over asking), while Bancroft 54921 (100% sold over asking) and Custer 54423 (60% sold over asking) are even more competitive.
Run the numbers for 54406
Nearby markets
Almond 54909Seller’s market $139 /sq ftAmherst Junction 54407Buyer’s market $139 /sq ftBancroft 54921Buyer’s market $244 /sq ftCuster 54423Seller’s market $239 /sq ft Browse all markets →Towns like Amherst nearby
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Questions about Amherst real estate
Is Amherst a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Amherst, WI 54406 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 Amherst?
The typical home went under contract in 48 days in the latest three months.
Do homes in Amherst sell over asking?
38% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Amherst?
About 1.44% of a home’s value a year in Portage County, or roughly $5,760 on a $400,000 home.
What is the median home price in Amherst?
The median sale price was $383,584 in the three months ending August 31, 2026, about $186 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