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GRANTSBURG, WI 54840

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The GRANTSBURG, WI real estate market (54840) currently shows 21 active listings, with 7 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 67 days on market compared to 28 days last year.

The median listing price has fallen 6.3% year-over-year, from $298,875 to $279,925.

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Market Context

Market Context

Population: 4,742  ·  Density: 7.2/mi²  ·  Median household income: $63,893

Typical home value: $164,795  ·  Homeownership: 83.6%

Market Overview

Active Listings
21
⇧ 23.5% vs 17 last year
Pending
7
33% pending ratio
Median Price
$279,925
⇩ 6.3% vs $298,875 last year
Average Price
$331,152
⇩ 28.5% vs $463,120 last year
Days on Market
67
⇧ 139.3% vs 28 days last year

Price Per Square Foot

Median $/sqft
$156
⇩ 23.9% vs $205/sqft last year
Median Home Size
1,224 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 17 last year
  • Days on market: 67 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $279,925 (-6.3% YoY)
  • Average: $331,152 (-28.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.7 miles — 204 listings ($90,385,981 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54840Grantsburg, WI 548400.0 mi15$8,161,605$238,250$544,107
55069Rush City, MN 5506914.1 mi18$7,028,244$329,925$390,458
54837Frederic, WI 5483717.0 mi7$2,930,375$312,500$418,625
54024Saint Croix Falls, WI 5402417.9 mi29$13,278,056$384,325$457,864
55032Harris, MN 5503218.7 mi10$5,431,300$575,000$543,130
54893Webster, WI 5489320.0 mi14$7,389,942$358,000$527,853
54824Centuria, WI 5482420.7 mi2$749,800$374,900$374,900
55056North Branch, MN 5505621.3 mi77$31,038,392$358,900$403,096
55012Center City, MN 5501222.2 mi12$7,881,072$592,425$656,756
54810Balsam Lake, WI 5481025.2 mi5$1,340,025$284,675$268,005
55007Brook Park, MN 5500725.7 mi6$1,999,902$339,000$333,317
55029Grandy, MN 5502926.1 mi1$239,900$239,900$239,900
55072Sandstone, MN 5507227.7 mi8$2,917,368$397,425$364,671

Frequently Asked Questions

How many homes are for sale in GRANTSBURG, WI 54840?

As of September 2026, there are 21 active listings in GRANTSBURG, WI (zip code 54840), compared to 17 the prior year.

What is the median home price in GRANTSBURG, WI 54840?

The median listing price in GRANTSBURG, WI 54840 is $279,925 as of September 2026, a 6.3% decrease from $298,875 the prior year.

How long do homes stay on the market in GRANTSBURG, WI?

Homes in GRANTSBURG, WI 54840 spend an average of 67 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in GRANTSBURG, WI 54840?

Based on current inventory and days-on-market data as of September 2026, GRANTSBURG, WI 54840 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 67 days on market compared to 28 days last year.

How much can I save on real estate commission in GRANTSBURG, WI?

With SELL123.com's maximum 3% commission, sellers in GRANTSBURG, WI 54840 save an estimated $5,599 compared to a typical 5% commission on the median listing price of $279,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.