Is Herbster, WI 54844 a buyer’s or seller’s market?
Herbster is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Herbster housing market right now
In the three months ending August 31, 2026, 0% of homes in Herbster, WI 54844 sold above their list price, the typical home went under contract in 48 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (260 days then) and the median sale price fell 11% to $408,823. Overall, Herbster is more competitive than a year ago, so tougher for buyers.
Within Bayfield County, homes here sell faster than in 67% of the county’s ZIP codes, and sell 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 54844
Nearby markets
Bayfield 54814Balanced $268 /sq ftCable 54821Buyer’s market $268 /sq ftCornucopia 54827Buyer’s market $223 /sq ftDrummond 54832 $187 /sq ft Browse all markets →Where Herbster is
Loading map…
Questions about Herbster real estate
Is Herbster a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Herbster, WI 54844 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 Herbster?
The typical home went under contract in 48 days in the latest three months.
Do homes in Herbster sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.
What are property taxes in Herbster?
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 Herbster?
The median sale price was $408,823 in the three months ending August 31, 2026, about $471 per square foot.
Local agents
See all agents in 54844 →No sponsored agents in 54844 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 54844
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology