Is Sparta, WI 54656 a buyer’s or seller’s market?
Sparta is a seller’s market. With about 3.6 months of supply and 40% 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.
More competitive than 70% of U.S. ZIP codes, and #148 of 319 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Sparta housing market right now
In the three months ending August 31, 2026, 40% of homes in Sparta, WI 54656 sold above their list price, the typical home went under contract in 29 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 36 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 27%, homes sold more slowly (20 days then) and the median sale price fell 16% to $264,885. Overall, Sparta is more competitive than a year ago, so tougher for buyers.
Within Monroe County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 83%. On our competition score, Sparta ranks #148 of 319 WI ZIP codes with enough sales (score 67 out of 100).
Nearby, buyers who want less competition could look at Wilton 54670 (0% sold over asking) or Norwalk 54648 (0% sold over asking), while Cashton 54619 (60% sold over asking) is even more competitive.
Run the numbers for 54656
Nearby markets
Cashton 54619Buyer’s market $149 /sq ftKendall 54638Seller’s market $167 /sq ftNorwalk 54648Buyer’s market $200 /sq ftTomah 54660Seller’s market $152 /sq ft Browse all markets →Towns like Sparta nearby
Find towns like Sparta in other states →Where Sparta is
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Questions about Sparta real estate
Is Sparta a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Sparta, WI 54656 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 Sparta?
The typical home went under contract in 29 days in the latest three months.
Do homes in Sparta sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.
What are property taxes in Sparta?
About 1.35% of a home’s value a year in Monroe County, or roughly $5,400 on a $400,000 home.
What is the median home price in Sparta?
The median sale price was $264,885 in the three months ending August 31, 2026, about $155 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