Is Gordon, WI 54838 a buyer’s or seller’s market?
Gordon is a seller’s market. With about 3.7 months of supply and 25% 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 Gordon housing market right now
In the three months ending August 31, 2026, 25% of homes in Gordon, WI 54838 sold above their list price, the typical home went under contract in 39 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold about as fast and the median sale price rose 11% to $449,306. Overall, Gordon is less competitive than a year ago, which gives buyers more room.
Within Douglas County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in 75%.
Nearby, buyers who want less competition could look at Maple 54854 (0% sold over asking) or Brule 54820 (0% sold over asking), while Foxboro 54836 (67% sold over asking) and Superior 54880 (52% sold over asking) are even more competitive.
Run the numbers for 54838
Nearby markets
Brule 54820Buyer’s market $203 /sq ftFoxboro 54836Seller’s market $231 /sq ftLake Nebagamon 54849Seller’s market $219 /sq ftMaple 54854Buyer’s market $212 /sq ft Browse all markets →Towns like Gordon nearby
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Questions about Gordon real estate
Is Gordon a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Gordon, WI 54838 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 Gordon?
The typical home went under contract in 39 days in the latest three months.
Do homes in Gordon sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Gordon?
About 1.26% of a home’s value a year in Douglas County, or roughly $5,040 on a $400,000 home.
What is the median home price in Gordon?
The median sale price was $449,306 in the three months ending August 31, 2026, about $313 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