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Is Cable, WI 54821 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Cable is a buyer’s market. With about 6.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.1Under 4 months = seller’s market
Sold above original list15.4%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market71Listing to accepted offer
Median price per sq ft$268▲ +0.8% vs. last year

The Cable housing market right now

In the three months ending August 31, 2026, 15% of homes in Cable, WI 54821 sold above their list price, the typical home went under contract in 71 days and there were 6.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold more slowly (64 days then) and the median sale price fell 36% to $364,842. Overall, Cable is about as competitive as it was a year ago.

Within Bayfield County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell more often over asking than in 78%.

Nearby, buyers who want less competition could look at Mason 54856 (0% sold over asking) or Iron River 54847 (0% sold over asking), while Bayfield 54814 (38% sold over asking) and Port Wing 54865 (33% sold over asking) are even more competitive.

Run the numbers for 54821

Prefilled for 54821Can I win this house?Multiple-offer likelihood for a listing Prefilled for 54821Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bayfield 54814Balanced $268 /sq ftCornucopia 54827Buyer’s market $223 /sq ftDrummond 54832 $187 /sq ftGrand View 54839Balanced $159 /sq ft Browse all markets →

Towns like Cable nearby

Find towns like Cable in other states →
Iron River, WI54847 · 27 miles away85% similarcheaper homes ($55K less) · larger Trego, WI54888 · 35 miles away84% similarcheaper homes ($81K less) Winter, WI54896 · 28 miles away81% similarcheaper homes ($126K less) Stone Lake, WI54876 · 30 miles away77% similarcheaper homes ($39K less) · younger residents

Where Cable is

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Questions about Cable real estate

Is Cable a buyer’s or seller’s market?

A buyer’s market: there were 6.1 months of supply in Cable, WI 54821 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 Cable?

The typical home went under contract in 71 days in the latest three months.

Do homes in Cable sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Cable?

About 1.01% of a home’s value a year in Bayfield County, or roughly $4,040 on a $400,000 home.

What is the median home price in Cable?

The median sale price was $364,842 in the three months ending August 31, 2026, about $268 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