Is Lake Nebagamon, WI 54849 a buyer’s or seller’s market?
Lake Nebagamon is a seller’s market. With about 1.7 months of supply and 36% 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 Lake Nebagamon housing market right now
In the three months ending August 31, 2026, 36% of homes in Lake Nebagamon, WI 54849 sold above their list price, the typical home went under contract in 61 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold more slowly (50 days then) and the median sale price rose 21% to $348,849. Overall, Lake Nebagamon is more competitive than a year ago, so tougher for buyers.
Within Douglas County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 62%.
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 54849
Nearby markets
Brule 54820Buyer’s market $203 /sq ftFoxboro 54836Seller’s market $231 /sq ftGordon 54838Seller’s market $313 /sq ftMaple 54854Buyer’s market $212 /sq ft Browse all markets →Towns like Lake Nebagamon nearby
Find towns like Lake Nebagamon in other states →Where Lake Nebagamon is
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Questions about Lake Nebagamon real estate
Is Lake Nebagamon a buyer’s or seller’s market?
A seller’s market: there were 1.7 months of supply in Lake Nebagamon, WI 54849 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 Lake Nebagamon?
The typical home went under contract in 61 days in the latest three months.
Do homes in Lake Nebagamon sell over asking?
36% of homes sold above their original list price, and the typical sale closed at 95.2% of the list price.
What are property taxes in Lake Nebagamon?
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 Lake Nebagamon?
The median sale price was $348,849 in the three months ending August 31, 2026, about $219 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