Homes for Sale Under 400K in Algoma, WI

23 Homes

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Algoma, WI Housing Market Overview

Algoma's housing market is evenly balanced between buyers and sellers. This creates fair negotiating conditions for both parties. With a 6-month supply of homes and properties spending 42 days on the market on average, both buyers and sellers have equal opportunity to achieve favorable outcomes.

Status

Balanced Market

Days on Market

42

Inventory

23

Jul 2021Mar 2024Mar 2026

Median Home Price

$227,000Down 0.06%

In Mar 2026 · YoY

Jul 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Supply

Homes For Sale
23 Down 0.45%
Newly Listed Homes
5 Down 0.38%
Months of Supply
6 Up 0.50%

Demand

Homes Sold
1 Down 0.00%
Sale-to-List Ratio
96.6% Down 3.40%
Homes Sold Above List
0% Down 0.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Algoma Market Report
No. of Homes
Prices
Homes for Sale Milwaukee
2,683
$260,000
Homes for Sale Kenosha
532
$305,000
  • mls-img
    Based on information received from WIRES/RANW MLS through Aug 29, 2026, 2:45 PM. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Houzeo nor RANW MLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. ©2026 RANW MLS, Inc. All rights reserved.

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Algoma, WI Housing Marketlink qauare
Homes Available icon

23

Homes Available

Median List Price icon

$ 227,000

Median List Price

Avg on Market icon

42 Days

Avg on Market

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