Is Park Falls, WI 54552 a buyer’s or seller’s market?

The Park Falls housing market right now

In the three months ending August 31, 2026, 20% of homes in Park Falls, WI 54552 sold above their list price, the typical home went under contract in 54 days and there were 6.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 21 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (66 days then) and the median sale price fell 28% to $133,442. Overall, Park Falls is more competitive than a year ago, so tougher for buyers.

Within Price County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Park Falls ranks #281 of 319 WI ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Prentice 54556 (0% sold over asking) or Kennan 54537 (0% sold over asking), while Fifield 54524 (67% sold over asking) and Catawba 54515 (50% sold over asking) are even more competitive.