Is Ashland, WI 54806 a buyer’s or seller’s market?
Ashland is a seller’s market. With about 3.1 months of supply and 33% 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 53% of U.S. ZIP codes, and #241 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 Ashland housing market right now
In the three months ending August 31, 2026, 33% of homes in Ashland, WI 54806 sold above their list price, the typical home went under contract in 49 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 50 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 24%, homes sold faster (64 days then) and the median sale price rose 14% to $204,911. Overall, Ashland is more competitive than a year ago, so tougher for buyers.
Within Ashland County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Ashland ranks #241 of 319 WI ZIP codes with enough sales (score 52 out of 100).
Nearby, buyers who want less competition could look at La Pointe 54850 (0% sold over asking) or Glidden 54527 (0% sold over asking), while Marengo 54855 (100% sold over asking) and High Bridge 54846 (50% sold over asking) are even more competitive.
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Nearby markets
Butternut 54514Balanced $216 /sq ftGlidden 54527Seller’s market $135 /sq ftHigh Bridge 54846 $188 /sq ftLa Pointe 54850Buyer’s market $373 /sq ft Browse all markets →Towns like Ashland nearby
Find towns like Ashland in other states →Where Ashland is
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Questions about Ashland real estate
Is Ashland a buyer’s or seller’s market?
A seller’s market: there were 3.1 months of supply in Ashland, WI 54806 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 Ashland?
The typical home went under contract in 49 days in the latest three months.
Do homes in Ashland sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.
What are property taxes in Ashland?
About 1.42% of a home’s value a year in Ashland County, or roughly $5,680 on a $400,000 home.
What is the median home price in Ashland?
The median sale price was $204,911 in the three months ending August 31, 2026, about $112 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