Is Ladysmith, WI 54848 a buyer’s or seller’s market?

The Ladysmith housing market right now

In the three months ending August 31, 2026, 29% of homes in Ladysmith, WI 54848 sold above their list price, the typical home went under contract in 78 days and there were 8.5 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 17 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold more slowly (54 days then) and the median sale price rose 26% to $219,905. Overall, Ladysmith is more competitive than a year ago, so tougher for buyers.

Within Rusk County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Ladysmith ranks #301 of 319 WI ZIP codes with enough sales (score 26 out of 100).

Nearby, buyers who want less competition could look at Weyerhaeuser 54895 (0% sold over asking) or Bruce 54819 (0% sold over asking), while Tony 54563 (50% sold over asking) is even more competitive.