Is Hurley, WI 54534 a buyer’s or seller’s market?
Hurley is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 26% of U.S. ZIP codes, and #297 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 Hurley housing market right now
In the three months ending August 31, 2026, 20% of homes in Hurley, WI 54534 sold above their list price, the typical home went under contract in 48 days and there were 4.9 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 15 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold faster (58 days then) and the median sale price rose 8% to $196,915. Overall, Hurley is less competitive than a year ago, which gives buyers more room.
Within Iron County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Hurley ranks #297 of 319 WI ZIP codes with enough sales (score 30 out of 100).
Nearby, buyers who want less competition could look at Upson 54565 (0% sold over asking) or Saxon 54559 (0% sold over asking), while Mercer 54547 (33% sold over asking) is even more competitive.
Run the numbers for 54534
Nearby markets
Gile 54525Balanced $71 /sq ftIron Belt 54536 — /sq ftMercer 54547Balanced $296 /sq ftMontreal 54550Seller’s market $118 /sq ft Browse all markets →Towns like Hurley nearby
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Questions about Hurley real estate
Is Hurley a buyer’s or seller’s market?
A balanced market: there were 4.9 months of supply in Hurley, WI 54534 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 Hurley?
The typical home went under contract in 48 days in the latest three months.
Do homes in Hurley sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 95.2% of the list price.
What are property taxes in Hurley?
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 Hurley?
The median sale price was $196,915 in the three months ending August 31, 2026, about $121 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