Is Kennan, WI 54537 a buyer’s or seller’s market?
Kennan is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Kennan housing market right now
In the three months ending August 31, 2026, 0% of homes in Kennan, WI 54537 sold above their list price, the typical home went under contract in 52 days and there were 5.3 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. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (119 days then) and the median sale price rose 11% to $199,814. Overall, Kennan is more competitive than a year ago, so tougher for buyers.
Within Price County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Fifield 54524 (67% sold over asking) and Catawba 54515 (50% sold over asking) are even more competitive.
Run the numbers for 54537
Nearby markets
Brantwood 54513Buyer’s market $67 /sq ftCatawba 54515Buyer’s market $278 /sq ftFifield 54524Buyer’s market $200 /sq ftOgema 54459Seller’s market $224 /sq ft Browse all markets →Where Kennan is
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Questions about Kennan real estate
Is Kennan a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Kennan, WI 54537 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 Kennan?
The typical home went under contract in 52 days in the latest three months.
Do homes in Kennan sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.1% of the list price.
What are property taxes in Kennan?
About 1.32% of a home’s value a year in Price County, or roughly $5,280 on a $400,000 home.
What is the median home price in Kennan?
The median sale price was $199,814 in the three months ending August 31, 2026, about $119 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