Is Phelps, WI 54554 a buyer’s or seller’s market?
Phelps is a seller’s market. With about 3.9 months of supply and 29% 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 supply3.9Under 4 months = seller’s market
Sold above original list28.6%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market69Listing to accepted offer
Median price per sq ft$289▲ +0.7% vs. last year
Run the numbers for 54554
Nearby markets
Boulder Junction 54512Seller’s market $338 /sq ftConover 54519Seller’s market $271 /sq ftEagle River 54521Seller’s market $257 /sq ftLac Du Flambeau 54538Balanced $398 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology