Is Melrose, WI 54642 a buyer’s or seller’s market?

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

Melrose is a seller’s market. With about 2.6 months of supply and 40% 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 supply2.6Under 4 months = seller’s market

Sold above original list40%Share of sales, last 3 months

Median sale-to-list100.5%Sold price ÷ list price

Median days on market24Listing to accepted offer

Median price per sq ft$152▼ −11.2% vs. last year

Run the numbers for 54642

Prefilled for 54642Can I win this house?Multiple-offer likelihood for a listing Prefilled for 54642Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alma Center 54611Buyer’s market $137 /sq ft Black River Falls 54615Seller’s market $163 /sq ft Hixton 54635Buyer’s market $110 /sq ft Merrillan 54754Buyer’s market $208 /sq ft Browse all markets →

More tools for 54642

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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