Is Spooner, WI 54801 a buyer’s or seller’s market?

The Spooner housing market right now

In the three months ending August 31, 2026, 29% of homes in Spooner, WI 54801 sold above their list price, the typical home went under contract in 63 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 49 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 19%, homes sold faster (66 days then) and the median sale price fell 2% to $303,369. Overall, Spooner is more competitive than a year ago, so tougher for buyers.

Within Washburn County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Spooner ranks #254 of 319 WI ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at Shell Lake 54871 (11% sold over asking) or Birchwood 54817 (11% sold over asking), while Sarona 54870 (44% sold over asking) and Minong 54859 (38% sold over asking) are even more competitive.