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Is Berlin, WI 54923 a buyer’s or seller’s market?

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

Berlin is a seller’s market. With about 2.4 months of supply and 37% 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.

Competition score65/ 100

More competitive than 68% of U.S. ZIP codes, and #170 of 319 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.4Under 4 months = seller’s market
Sold above original list36.6%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$161▲ +15.0% vs. last year

Run the numbers for 54923

Prefilled for 54923Can I win this house?Multiple-offer likelihood for a listing Prefilled for 54923Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Coloma 54930Seller’s market $215 /sq ftFremont 54940Balanced $208 /sq ftHancock 54943Seller’s market $250 /sq ftPine River 54965Seller’s market $170 /sq ft Browse all markets →

More tools for 54923

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