Is South Range, WI 54874 a buyer’s or seller’s market?
South Range is a seller’s market. With about 1.8 months of supply and 50% 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.
More competitive than 92% of U.S. ZIP codes, and #17 of 319 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The South Range housing market right now
In the three months ending August 31, 2026, 50% of homes in South Range, WI 54874 sold above their list price, the typical home went under contract in 11 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 47%, homes sold faster (34 days then) and the median sale price held steady to $352,797. Overall, South Range is more competitive than a year ago, so tougher for buyers.
Within Douglas County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, South Range ranks #17 of 319 WI ZIP codes with enough sales (score 87 out of 100).
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 54874
Nearby markets
Brule 54820Buyer’s market $203 /sq ftFoxboro 54836Seller’s market $231 /sq ftGordon 54838Seller’s market $313 /sq ftLake Nebagamon 54849Seller’s market $219 /sq ft Browse all markets →Towns like South Range nearby
Find towns like South Range in other states →Where South Range is
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Questions about South Range real estate
Is South Range a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in South Range, WI 54874 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 South Range?
The typical home went under contract in 11 days in the latest three months.
Do homes in South Range sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in South Range?
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 South Range?
The median sale price was $352,797 in the three months ending August 31, 2026, about $201 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