Is Leopolis, WI 54948 a buyer’s or seller’s market?
Leopolis is a seller’s market. With about 1.6 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 Leopolis housing market right now
In the three months ending August 31, 2026, 0% of homes in Leopolis, WI 54948 sold above their list price, the typical home went under contract in 77 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
The median sale price was $195,415, or about $129 per square foot.
Within Shawano County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Cecil 54111 (87% sold over asking) and Bonduel 54107 (58% sold over asking) are even more competitive.
Run the numbers for 54948
Nearby markets
Birnamwood 54414Balanced $138 /sq ftBonduel 54107Seller’s market $160 /sq ftBowler 54416Buyer’s market $728 /sq ftCaroline 54928 — /sq ft Browse all markets →Where Leopolis is
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Questions about Leopolis real estate
Is Leopolis a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Leopolis, WI 54948 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 Leopolis?
The typical home went under contract in 77 days in the latest three months.
Do homes in Leopolis sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Leopolis?
About 1.36% of a home’s value a year in Shawano County, or roughly $5,440 on a $400,000 home.
What is the median home price in Leopolis?
The median sale price was $195,415 in the three months ending August 31, 2026, about $129 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