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Is Drummond, WI 54832 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Drummond is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$187▲ +26.0% vs. last year

The Drummond housing market right now

In the three months ending August 31, 2026, 0% of homes in Drummond, WI 54832 sold above their list price and the typical home went under contract in 19 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (55 days then) and the median sale price rose 156% to $799,654. Overall, Drummond is less competitive than a year ago, which gives buyers more room.

Within Bayfield County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Bayfield 54814 (38% sold over asking) and Port Wing 54865 (33% sold over asking) are even more competitive.

Run the numbers for 54832

Prefilled for 54832Can I win this house?Multiple-offer likelihood for a listing Prefilled for 54832Over-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 ftCable 54821Buyer’s market $268 /sq ftCornucopia 54827Buyer’s market $223 /sq ftGrand View 54839Balanced $159 /sq ft Browse all markets →

Where Drummond is

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Questions about Drummond real estate

How fast do homes sell in Drummond?

The typical home went under contract in 19 days in the latest three months.

Do homes in Drummond sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.

What are property taxes in Drummond?

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 Drummond?

The median sale price was $799,654 in the three months ending August 31, 2026, about $187 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