Is Gile, WI 54525 a buyer’s or seller’s market?
Gile is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Gile housing market right now
In the three months ending August 31, 2026, 0% of homes in Gile, WI 54525 sold above their list price, the typical home went under contract in 5 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Within Iron County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Mercer 54547 (33% sold over asking) and Hurley 54534 (20% sold over asking) are even more competitive.
Run the numbers for 54525
Nearby markets
Hurley 54534Balanced $121 /sq ftIron Belt 54536 — /sq ftMercer 54547Balanced $296 /sq ftMontreal 54550Seller’s market $118 /sq ft Browse all markets →Where Gile is
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Questions about Gile real estate
Is Gile a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Gile, WI 54525 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 Gile?
The typical home went under contract in 5 days in the latest three months.
Do homes in Gile sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Gile?
About 1.07% of a home’s value a year in Iron County, or roughly $4,280 on a $400,000 home.
What is the median home price in Gile?
The median sale price was $65,971 in the three months ending August 31, 2026, about $71 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