Is Medford, WI 54451 a buyer’s or seller’s market?
Medford is a seller’s market. With about 3.2 months of supply and 9% 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.
More competitive than 16% of U.S. ZIP codes, and #311 of 319 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Medford housing market right now
In the three months ending August 31, 2026, 9% of homes in Medford, WI 54451 sold above their list price, the typical home went under contract in 61 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 33 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold faster (64 days then) and the median sale price rose 8% to $232,859. Overall, Medford is less competitive than a year ago, which gives buyers more room.
Within Taylor County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Medford ranks #311 of 319 WI ZIP codes with enough sales (score 22 out of 100).
Nearby, buyers who want less competition could look at Sheldon 54766 (0% sold over asking) or Rib Lake 54470 (0% sold over asking), while Gilman 54433 (33% sold over asking) and Stetsonville 54480 (33% sold over asking) are even more competitive.
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Nearby markets
Gilman 54433Buyer’s market $159 /sq ftLublin 54447Seller’s market $150 /sq ftRib Lake 54470Seller’s market $128 /sq ftSheldon 54766Seller’s market $103 /sq ft Browse all markets →Towns like Medford nearby
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Questions about Medford real estate
Is Medford a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Medford, WI 54451 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 Medford?
The typical home went under contract in 61 days in the latest three months.
Do homes in Medford sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Medford?
About 1.39% of a home’s value a year in Taylor County, or roughly $5,560 on a $400,000 home.
What is the median home price in Medford?
The median sale price was $232,859 in the three months ending August 31, 2026, about $129 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