Is Scandinavia, WI 54977 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Scandinavia is a seller’s market. With about 3.2 months of supply and 33% 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$180▲ +6.2% vs. last year

The Scandinavia housing market right now

In the three months ending August 31, 2026, 33% of homes in Scandinavia, WI 54977 sold above their list price, the typical home went under contract in 52 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 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 about as fast and the median sale price rose 9% to $354,846. Overall, Scandinavia is about as competitive as it was a year ago.

Within Waupaca County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 62%.

Nearby, buyers who want less competition could look at Marion 54950 (25% sold over asking) or Waupaca 54981 (27% sold over asking), while Ogdensburg 54962 (60% sold over asking) and New London 54961 (53% sold over asking) are even more competitive.

Nearby markets

Clintonville 54929Seller’s market $134 /sq ftEmbarrass 54933 — /sq ftIola 54945Balanced $159 /sq ftManawa 54949Seller’s market $139 /sq ft Browse all markets →

Where Scandinavia is

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Questions about Scandinavia real estate

Is Scandinavia a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Scandinavia, WI 54977 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 Scandinavia?

The typical home went under contract in 52 days in the latest three months.

Do homes in Scandinavia sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.

What are property taxes in Scandinavia?

About 1.38% of a home’s value a year in Waupaca County, or roughly $5,520 on a $400,000 home.

What is the median home price in Scandinavia?

The median sale price was $354,846 in the three months ending August 31, 2026, about $180 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