Is Ojibwa, WI 54862 a buyer’s or seller’s market?
Ojibwa is a seller’s market. With about 3.2 months of supply and 0% 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 Ojibwa housing market right now
In the three months ending August 31, 2026, 0% of homes in Ojibwa, WI 54862 sold above their list price, the typical home went under contract in 34 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, 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 (51 days then) and the median sale price rose 274% to $617,233. Overall, Ojibwa is more competitive than a year ago, so tougher for buyers.
Within Sawyer County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Couderay 54828 (25% sold over asking) and Stone Lake 54876 (23% sold over asking) are even more competitive.
Run the numbers for 54862
Nearby markets
Couderay 54828Seller’s market $425 /sq ftExeland 54835Seller’s market $157 /sq ftHayward 54843Balanced $261 /sq ftRadisson 54867 — /sq ft Browse all markets →Where Ojibwa is
Loading map…
Questions about Ojibwa real estate
Is Ojibwa a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Ojibwa, WI 54862 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 Ojibwa?
The typical home went under contract in 34 days in the latest three months.
Do homes in Ojibwa sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.1% of the list price.
What are property taxes in Ojibwa?
About 0.80% of a home’s value a year in Sawyer County, or roughly $3,200 on a $400,000 home.
What is the median home price in Ojibwa?
The median sale price was $617,233 in the three months ending August 31, 2026, about $238 per square foot.
Local agents
See all agents in 54862 →No sponsored agents in 54862 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 54862
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology