Is Elkhart Lake, WI 53020 a buyer’s or seller’s market?

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

Elkhart Lake is a seller’s market. With about 2.7 months of supply and 24% 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 supply2.7Under 4 months = seller’s market

Sold above original list23.8%Share of sales, last 3 months

Median sale-to-list96.2%Sold price ÷ list price

Median days on market86Listing to accepted offer

Median price per sq ft$248▼ −10.0% vs. last year

Run the numbers for 53020

Prefilled for 53020Can I win this house?Multiple-offer likelihood for a listing Prefilled for 53020Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Adell 53001Seller’s market $229 /sq ft Cascade 53011Balanced $193 /sq ft Cedar Grove 53013Seller’s market $236 /sq ft Glenbeulah 53023Seller’s market $174 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology