Is Elk Mound, WI 54739 a buyer’s or seller’s market?
Elk Mound is a seller’s market. With about 1.3 months of supply and 58% 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 74% of U.S. ZIP codes, and #132 of 313 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 July 31, 2026. See the breakdown
The Elk Mound housing market right now
In the three months ending August 31, 2026, 58% of homes in Elk Mound, WI 54739 sold above their list price, the typical home went under contract in 59 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 62%, homes sold faster (69 days then) and the median sale price rose 18% to $413,821. Overall, Elk Mound is about as competitive as it was a year ago.
Within Dunn County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Knapp 54749 (0% sold over asking) or Downing 54734 (0% sold over asking).
Run the numbers for 54739
Nearby markets
Boyceville 54725Seller’s market $134 /sq ftColfax 54730Buyer’s market $218 /sq ftDowning 54734Buyer’s market $188 /sq ftEau Galle 54737Seller’s market $283 /sq ft Browse all markets →Towns like Elk Mound nearby
Find towns like Elk Mound in other states →Where Elk Mound is
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Questions about Elk Mound real estate
Is Elk Mound a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in Elk Mound, WI 54739 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 Elk Mound?
The typical home went under contract in 59 days in the latest three months.
Do homes in Elk Mound sell over asking?
58% of homes sold above their original list price, and the typical sale closed at 102.1% of the list price.
What are property taxes in Elk Mound?
About 1.39% of a home’s value a year in Dunn County, or roughly $5,560 on a $400,000 home.
What is the median home price in Elk Mound?
The median sale price was $413,821 in the three months ending August 31, 2026, about $180 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