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Is Elcho, WI 54428 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Elcho is a buyer’s market. With about 6.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.9Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list97.7%Sold price ÷ list price
Median days on market31Listing to accepted offer
Median price per sq ft$309▲ +37.5% vs. last year

The Elcho housing market right now

In the three months ending August 31, 2026, 14% of homes in Elcho, WI 54428 sold above their list price, the typical home went under contract in 31 days and there were 6.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room 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 22%, homes sold faster (80 days then) and the median sale price rose 40% to $348,849. Overall, Elcho is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Deerbrook 54424 (0% sold over asking), while White Lake 54491 (35% sold over asking) and Antigo 54409 (31% sold over asking) are even more competitive.

Run the numbers for 54428

Prefilled for 54428Can I win this house?Multiple-offer likelihood for a listing Prefilled for 54428Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Antigo 54409Seller’s market $133 /sq ftBryant 54418 — /sq ftDeerbrook 54424Buyer’s market $223 /sq ftElton 54430 — /sq ft Browse all markets →

Where Elcho is

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Questions about Elcho real estate

Is Elcho a buyer’s or seller’s market?

A buyer’s market: there were 6.9 months of supply in Elcho, WI 54428 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 Elcho?

The typical home went under contract in 31 days in the latest three months.

Do homes in Elcho sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.

What are property taxes in Elcho?

About 1.25% of a home’s value a year in Langlade County, or roughly $5,000 on a $400,000 home.

What is the median home price in Elcho?

The median sale price was $348,849 in the three months ending August 31, 2026, about $309 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