Is Saxon, WI 54559 a buyer’s or seller’s market?
Saxon is a seller’s market. With about 0.8 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Saxon housing market right now
In the three months ending August 31, 2026, 0% of homes in Saxon, WI 54559 sold above their list price, the typical home went under contract in 25 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 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 (49 days then) and the median sale price rose 248% to $290,874. Overall, Saxon is more competitive than a year ago, so tougher for buyers.
Within Iron County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Mercer 54547 (33% sold over asking) and Hurley 54534 (20% sold over asking) are even more competitive.
Run the numbers for 54559
Nearby markets
Gile 54525Balanced $71 /sq ftHurley 54534Balanced $121 /sq ftIron Belt 54536 — /sq ftMercer 54547Balanced $296 /sq ft Browse all markets →Where Saxon is
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Questions about Saxon real estate
Is Saxon a buyer’s or seller’s market?
A seller’s market: there were 0.8 months of supply in Saxon, WI 54559 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 Saxon?
The typical home went under contract in 25 days in the latest three months.
Do homes in Saxon sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.8% of the list price.
What are property taxes in Saxon?
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 Saxon?
The median sale price was $290,874 in the three months ending August 31, 2026, about $208 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