Is Altoona, WI 54720 a buyer’s or seller’s market?

The Altoona housing market right now

In the three months ending August 31, 2026, 35% of homes in Altoona, WI 54720 sold above their list price, the typical home went under contract in 56 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold about as fast and the median sale price rose 22% to $397,278. Overall, Altoona is more competitive than a year ago, so tougher for buyers.

Within Eau Claire County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Altoona ranks #248 of 319 WI ZIP codes with enough sales (score 50 out of 100).

Nearby, buyers who want less competition could look at Augusta 54722 (13% sold over asking) or Eleva 54738 (27% sold over asking), while Fall Creek 54742 (60% sold over asking) and Fairchild 54741 (50% sold over asking) are even more competitive.