Is Green Lake, WI 54941 a buyer’s or seller’s market?
Green Lake is a buyer’s market. With about 7.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 17% of U.S. ZIP codes, and #309 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 Green Lake housing market right now
In the three months ending August 31, 2026, 21% of homes in Green Lake, WI 54941 sold above their list price, the typical home went under contract in 78 days and there were 7.2 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 20 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (70 days then) and the median sale price fell 12% to $474,795. Overall, Green Lake is less competitive than a year ago, which gives buyers more room.
Within Green Lake County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Green Lake ranks #309 of 319 WI ZIP codes with enough sales (score 23 out of 100).
Nearby, buyers who want less competition could look at Marquette 53947 (0% sold over asking) or Kingston 53939 (0% sold over asking).
Run the numbers for 54941
Nearby markets
Dalton 53926Seller’s market $385 /sq ftKingston 53939 $166 /sq ftMarkesan 53946Seller’s market $175 /sq ftMarquette 53947Buyer’s market $164 /sq ft Browse all markets →Towns like Green Lake nearby
Find towns like Green Lake in other states →Where Green Lake is
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Questions about Green Lake real estate
Is Green Lake a buyer’s or seller’s market?
A buyer’s market: there were 7.2 months of supply in Green Lake, WI 54941 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 Green Lake?
The typical home went under contract in 78 days in the latest three months.
Do homes in Green Lake sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Green Lake?
About 1.26% of a home’s value a year in Green Lake County, or roughly $5,040 on a $400,000 home.
What is the median home price in Green Lake?
The median sale price was $474,795 in the three months ending August 31, 2026, about $239 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