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Is Irma, WI 54442 a buyer’s or seller’s market?

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

Irma is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply19.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$209▲ +22.9% vs. last year

The Irma housing market right now

In the three months ending August 31, 2026, 0% of homes in Irma, WI 54442 sold above their list price, the typical home went under contract in 38 days and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (255 days then) and the median sale price fell 17% to $405,824. Overall, Irma is more competitive than a year ago, so tougher for buyers.

Nearby, Merrill 54452 (47% sold over asking) and Gleason 54435 (33% sold over asking) are even more competitive.

Run the numbers for 54442

Prefilled for 54442Can I win this house?Multiple-offer likelihood for a listing Prefilled for 54442Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Gleason 54435Seller’s market $229 /sq ftMerrill 54452Seller’s market $145 /sq ftTomahawk 54487Seller’s market $222 /sq ft Browse all markets →

Towns like Irma nearby

Find towns like Irma in other states →
Deerbrook, WI54424 · 24 miles away91% similarVery close on income, prices and more Gleason, WI54435 · 9 miles away89% similarVery close on income, prices and more Aniwa, WI54408 · 28 miles away89% similarcheaper homes ($65K less) Westboro, WI54490 · 31 miles away88% similarcheaper homes ($39K less) · younger residents

Where Irma is

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Questions about Irma real estate

Is Irma a buyer’s or seller’s market?

A buyer’s market: there were 19.2 months of supply in Irma, WI 54442 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 Irma?

The typical home went under contract in 38 days in the latest three months.

Do homes in Irma sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.

What are property taxes in Irma?

About 1.32% of a home’s value a year in Lincoln County, or roughly $5,280 on a $400,000 home.

What is the median home price in Irma?

The median sale price was $405,824 in the three months ending August 31, 2026, about $209 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