Is Crandon, WI 54520 a buyer’s or seller’s market?

The Crandon housing market right now

In the three months ending August 31, 2026, 10% of homes in Crandon, WI 54520 sold above their list price, the typical home went under contract in 60 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold faster (69 days then) and the median sale price rose 18% to $309,866. Overall, Crandon is less competitive than a year ago, which gives buyers more room.

Within Forest County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Crandon ranks #302 of 319 WI ZIP codes with enough sales (score 26 out of 100).

Nearby, buyers who want less competition could look at Long Lake 54542 (0% sold over asking) or Pickerel 54465 (0% sold over asking), while Armstrong Creek 54103 (100% sold over asking) and Wabeno 54566 (33% sold over asking) are even more competitive.