Is Colby, WI 54421 a buyer’s or seller’s market?
Colby is a seller’s market. With about 1 months of supply and 20% 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 Colby housing market right now
In the three months ending August 31, 2026, 20% of homes in Colby, WI 54421 sold above their list price, the typical home went under contract in 72 days and there was 1 month of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold more slowly (51 days then) and the median sale price fell 25% to $179,922. Overall, Colby is less competitive than a year ago, which gives buyers more room.
Within Marathon County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 93%.
Nearby, buyers who want less competition could look at Brokaw 54417 (0% sold over asking), while Ringle 54471 (67% sold over asking) and Rothschild 54474 (64% sold over asking) are even more competitive.
Run the numbers for 54421
Nearby markets
Abbotsford 54405Seller’s market $112 /sq ftAniwa 54408Seller’s market $213 /sq ftAthens 54411Seller’s market $131 /sq ftBrokaw 54417 $62 /sq ft Browse all markets →Towns like Colby nearby
Find towns like Colby in other states →Where Colby is
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Questions about Colby real estate
Is Colby a buyer’s or seller’s market?
A seller’s market: there was 1 months of supply in Colby, WI 54421 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 Colby?
The typical home went under contract in 72 days in the latest three months.
Do homes in Colby sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Colby?
About 1.47% of a home’s value a year in Marathon County, or roughly $5,880 on a $400,000 home.
What is the median home price in Colby?
The median sale price was $179,922 in the three months ending August 31, 2026, about $114 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