Is Grantsburg, WI 54840 a buyer’s or seller’s market?

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

Grantsburg is a seller’s market. With about 2.1 months of supply and 45% 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.

Competition score73/ 100

More competitive than 77% of U.S. ZIP codes, and #110 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

Months of supply2.1Under 4 months = seller’s market
Sold above original list45%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$223▼ −3.9% vs. last year

The Grantsburg housing market right now

In the three months ending August 31, 2026, 45% of homes in Grantsburg, WI 54840 sold above their list price, the typical home went under contract in 37 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 21 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold more slowly (21 days then) and the median sale price rose 24% to $322,361. Overall, Grantsburg is more competitive than a year ago, so tougher for buyers.

Within Burnett County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Grantsburg ranks #110 of 319 WI ZIP codes with enough sales (score 73 out of 100).

Nearby, buyers who want less competition could look at Danbury 54830 (14% sold over asking) or Siren 54872 (21% sold over asking), while Barronett 54813 (67% sold over asking) is even more competitive.

Nearby markets

Barronett 54813Seller’s market $250 /sq ftDanbury 54830Balanced $229 /sq ftSiren 54872Balanced $258 /sq ftWebster 54893Seller’s market $220 /sq ft Browse all markets →

Where Grantsburg is

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Questions about Grantsburg real estate

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

A seller’s market: there were 2.1 months of supply in Grantsburg, WI 54840 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 Grantsburg?

The typical home went under contract in 37 days in the latest three months.

Do homes in Grantsburg sell over asking?

45% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.

What are property taxes in Grantsburg?

About 0.93% of a home’s value a year in Burnett County, or roughly $3,720 on a $400,000 home.

What is the median home price in Grantsburg?

The median sale price was $322,361 in the three months ending August 31, 2026, about $223 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