Is Prentice, WI 54556 a buyer’s or seller’s market?
Prentice is a buyer’s market. With about 11.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Prentice housing market right now
In the three months ending August 31, 2026, 0% of homes in Prentice, WI 54556 sold above their list price, the typical home went under contract in 61 days and there were 11.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 more slowly (42 days then) and the median sale price fell 20% to $220,904. Overall, Prentice is less competitive than a year ago, which gives buyers more room.
Within Price County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell 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 54556
Nearby markets
Brantwood 54513Buyer’s market $67 /sq ftCatawba 54515Buyer’s market $278 /sq ftFifield 54524Buyer’s market $200 /sq ftKennan 54537Balanced $119 /sq ft Browse all markets →Towns like Prentice nearby
Find towns like Prentice in other states →Where Prentice is
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Questions about Prentice real estate
Is Prentice a buyer’s or seller’s market?
A buyer’s market: there were 11.2 months of supply in Prentice, WI 54556 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 Prentice?
The typical home went under contract in 61 days in the latest three months.
Do homes in Prentice sell over asking?
0% 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 Prentice?
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 Prentice?
The median sale price was $220,904 in the three months ending August 31, 2026, about $147 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