Is Wheeler, WI 54772 a buyer’s or seller’s market?
Wheeler is a seller’s market. With about 0.9 months of supply and 29% 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 Wheeler housing market right now
In the three months ending August 31, 2026, 29% of homes in Wheeler, WI 54772 sold above their list price, the typical home went under contract in 50 days and there were 0.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 faster (57 days then) and the median sale price fell 72% to $349,849. Overall, Wheeler is more competitive than a year ago, so tougher for buyers.
Within Dunn County, homes here sell faster than in 63% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Knapp 54749 (0% sold over asking) or Downing 54734 (0% sold over asking), while Elk Mound 54739 (58% sold over asking) and Eau Galle 54737 (50% sold over asking) are even more competitive.
Run the numbers for 54772
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 Wheeler nearby
Find towns like Wheeler in other states →Where Wheeler is
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Questions about Wheeler real estate
Is Wheeler a buyer’s or seller’s market?
A seller’s market: there were 0.9 months of supply in Wheeler, WI 54772 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 Wheeler?
The typical home went under contract in 50 days in the latest three months.
Do homes in Wheeler sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 102.4% of the list price.
What are property taxes in Wheeler?
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 Wheeler?
The median sale price was $349,849 in the three months ending August 31, 2026, about $191 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