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Housing in Reid

26 homes sold in Reid in the last year, at a typical $256K

Redfin reports Reid’s sales by ZIP code, so these figures are for ZIP 54440, which takes in Reid and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Reid homes are listed.

Homes sold
26
ZIP 54440 · June 2025 to May 2026
Typical sale price
$256K
median, weighted by sales
Price per square foot
$169
Wisconsin $194
Paid vs. asking
100.1%
42% sold over asking
For sale now
3
May 2026 · 1 sold that month
What sold · last 12 months · ZIP 54440

Houses are 89% of Reid’s sales, at a typical $271K

26 homes sold in the year to May 2026.

Houses$271K

typical sale · 23 sold in 12 months

Per square foot
$169WI $196
Days to sell
54
Sold over asking
47%
11 years of sales

About as many homes sell as usual, at 1.6 times the 2016 price

26 sales in the last year, against 33 in 2020 and a low of 15 in 2023. The typical sale went from $161K in 2016 to $256K.

Homes soldTypical sale price
012253750$150K$200K$250K$300K2015: 24 sold, typical $150K’152016: 25 sold, typical $161K2017: 32 sold, typical $184K’172018: 19 sold, typical $165K2019: 23 sold, typical $178K’192020: 33 sold, typical $187K2021: 29 sold, typical $239K’212022: 22 sold, typical $220K2023: 15 sold, typical $268K’232024: 27 sold, typical $271K2025: 28 sold, typical $233K’25Last 12 months: 26 sold, typical $256KNow

Source: Redfin Data Center, MLS sales; for ZIP 54440, which takes in Reid and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Reid

Houseat $169 a sq ft
The same money in Wisconsinat $196 a sq ft

Is this asking price fair?

Check a listing against what Reid homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in Reid are more common than before the pandemic, but 38% fewer homes come up for sale

We read every month of home sales in ZIP 54440 since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 26 sales.

If you’re buying in Reid

  • Shop in May. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
  • Bid near asking. Buyers paid 100.1% of the list price on average; 42% paid over.
  • Move fast on good ones. 62% of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 3 a month), but August is the most competitive: 44% of August sales close over asking. May offers nearly as much choice with fewer homes bid up (22%). March has the least competition (14%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.8520%40%60%Sweet spotJan: 1 new listings a month, 18% sold over asking, 86 days to sellJFeb: 1 new listings a month, 17% sold over asking, 95 days to sellFMar: 2 new listings a month, 14% sold over asking, 104 days to sellMApr: 2 new listings a month, 22% sold over asking, 113 days to sellAMay: 3 new listings a month, 22% sold over asking, 111 days to sellMJun: 3 new listings a month, 38% sold over asking, 88 days to sellJJul: 3 new listings a month, 38% sold over asking, 66 days to sellJAug: 3 new listings a month, 44% sold over asking, 63 days to sellASep: 3 new listings a month, 34% sold over asking, 64 days to sellSOct: 2 new listings a month, 33% sold over asking, 72 days to sellONov: 2 new listings a month, 28% sold over asking, 75 days to sellNDec: 2 new listings a month, 30% sold over asking, 83 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Wisconsin as a whole

Reid now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price42%18%42%38%
Gone within two weeksShare of homes under contract within 14 days62%28%60%46%
Listings with a price cutShare of homes for sale that cut their price———18%
Price paid vs. askingAverage sale price ÷ list price100.1%96.6%99.7%99.6%
Days to sellMedian days from listing to contract66966551
Supply

5 homes for sale on a typical day

That’s 38% fewer than in 2017–19 and well under 2016’s 16.

2015: 14 for sale’152016: 16 for sale2017: 9 for sale2018: 6 for sale’182019: 7 for sale2020: 8 for sale2021: 6 for sale’212022: 5 for sale2023: 6 for sale2024: 7 for sale’242025: 6 for saleLast 12 months: 5 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 54440, which takes in Reid and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Reid home costs about $1,617 a month

Mortgage
Property tax
Insurance
Rent

Price: Reid’s typical sale, last 12 months. Property tax at Reid’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Reid is affordable on local pay is on Cost of living.

Before you buy in Reid

Six things worth knowing

3

New listings in July

The month with the most choice. January has the fewest, about 1.

Best time to buy
1.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $256K home, about $3,380 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Reid, from test results, graduation and how much students grow.

Schools in Reid
26 min

Typical commute

The average one-way trip to work for people who live in Reid.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Rothschild, Schofield and Mosinee sell for less a square foot

The busier markets within 25 miles of Reid, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Weston180$330K$16945%55
Kronenwetter80$363K$16848%53
Rib Mountain76$370K$17451%53
Rothschild72$275K$15257%43
Mosinee70$284K$15243%53
Schofield32$272K$14859%52
Reid (ZIP 54440)26$256K$16942%66

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Reid, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Reid. People who follow the town see it, and so do people comparing Reid with their own town. No commission, no listing fee.

Questions about buying a home in Reid

What do homes sell for in Reid, WI?

26 homes sold in the year to May 2026 at a typical $256K, $169 a square foot.

Is Reid a buyer’s or seller’s market?

A seller’s market: 3 homes were for sale in May 2026 and 1 sold, about 2.3 months of supply. Buyers paid 100.1% of asking on average.

When is the best time to buy in Reid?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Reid?

About 1.3% of a home’s value a year. On a $256K home that’s near $3,380.

Where can I see homes for sale in Reid?

Zillow, Redfin, Realtor.com and Homes.com all carry Reid’s MLS listings; the search links above open each one filtered to Reid.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 54440, which takes in Reid and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).