Is Gays Mills, WI 54631 a buyer’s or seller’s market?
Gays Mills is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Gays Mills housing market right now
In the three months ending August 31, 2026, 29% of homes in Gays Mills, WI 54631 sold above their list price, the typical home went under contract in 60 days and there were 4.6 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 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (34 days then) and the median sale price rose 54% to $314,864. Overall, Gays Mills is more competitive than a year ago, so tougher for buyers.
Within Crawford County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at Mount Sterling 54645 (0% sold over asking) or Ferryville 54628 (0% sold over asking), while Soldiers Grove 54655 (33% sold over asking) is even more competitive.
Run the numbers for 54631
Nearby markets
Eastman 54626Balanced $136 /sq ftFerryville 54628Buyer’s market $248 /sq ftMount Sterling 54645 $87 /sq ftPrairie Du Chien 53821Seller’s market $143 /sq ft Browse all markets →Towns like Gays Mills nearby
Find towns like Gays Mills in other states →Where Gays Mills is
Loading map…
Questions about Gays Mills real estate
Is Gays Mills a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Gays Mills, WI 54631 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 Gays Mills?
The typical home went under contract in 60 days in the latest three months.
Do homes in Gays Mills sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Gays Mills?
About 1.56% of a home’s value a year in Crawford County, or roughly $6,240 on a $400,000 home.
What is the median home price in Gays Mills?
The median sale price was $314,864 in the three months ending August 31, 2026, about $158 per square foot.
Local agents
See all agents in 54631 →No sponsored agents in 54631 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 54631
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology