Is Hazelhurst, WI 54531 a buyer’s or seller’s market?
Hazelhurst is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Hazelhurst housing market right now
In the three months ending August 31, 2026, 25% of homes in Hazelhurst, WI 54531 sold above their list price, the typical home went under contract in 80 days and there were 4.3 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. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold more slowly (63 days then) and the median sale price fell 35% to $379,483. Overall, Hazelhurst is more competitive than a year ago, so tougher for buyers.
Within Oneida County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 71%.
Nearby, buyers who want less competition could look at Tripoli 54564 (0% sold over asking) or Three Lakes 54562 (13% sold over asking), while Harshaw 54529 (43% sold over asking) and Pelican Lake 54463 (33% sold over asking) are even more competitive.
Run the numbers for 54531
Nearby markets
Harshaw 54529Balanced $311 /sq ftLake Tomahawk 54539Seller’s market $246 /sq ftMinocqua 54548Seller’s market $288 /sq ftPelican Lake 54463Buyer’s market $207 /sq ft Browse all markets →Towns like Hazelhurst nearby
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Questions about Hazelhurst real estate
Is Hazelhurst a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Hazelhurst, WI 54531 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 Hazelhurst?
The typical home went under contract in 80 days in the latest three months.
Do homes in Hazelhurst sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Hazelhurst?
About 0.89% of a home’s value a year in Oneida County, or roughly $3,560 on a $400,000 home.
What is the median home price in Hazelhurst?
The median sale price was $379,483 in the three months ending August 31, 2026, about $286 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