Is Port Wing, WI 54865 a buyer’s or seller’s market?

The Port Wing housing market right now

In the three months ending August 31, 2026, 33% of homes in Port Wing, WI 54865 sold above their list price, the typical home went under contract in 25 days and there were 4.3 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 (33% then), homes sold more slowly (19 days then) and the median sale price fell 45% to $259,888. Overall, Port Wing is about as competitive as it was a year ago.

Within Bayfield County, homes here sell faster than in 89% of the county’s ZIP codes, and sell more often over asking than in 89%.

Nearby, buyers who want less competition could look at Mason 54856 (0% sold over asking) or Iron River 54847 (0% sold over asking), while Bayfield 54814 (38% sold over asking) is even more competitive.