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Manitowoc, WI 54220 Housing Market

Data snapshot: October 1, 2026. Closed-sale window: last 6 months.
Manitowoc, WI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 3030PendingPending sales: 33
Manitowoc, WI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $308k$308kSoldMedian sold price (last 6 months): $229k$229k
What homes actually sell for in Manitowoc, WI
Distribution of 336 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $175k to $311k
$90k to $142k: 36 sales$90k$142k to $195k: 64 sales$195k to $248k: 85 sales85sales$195k$248k to $300k: 47 sales$300k to $352k: 38 sales$300k$352k to $405k: 20 sales$405k to $458k: 12 sales$405k$458k to $510k: 4 salesMedian $229k

What the numbers say

As of October 1, 2026, Resideline is tracking 30 active listings and 3 pending sales in ZIP code 54220. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $308,500, while the median of the 336 closed sales Resideline tracked over the last six months was $229,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 54220 for 74 days.

Frequently asked questions

What is the median home price in 54220?

The median closed sale price in Manitowoc, WI 54220 was $229,000 over the last six months, based on 336 closed sales tracked by Resideline. The middle half of those sales ranged from $175,000 to $311,000.

Is 54220 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 30 active listings in 54220, a pending-to-active ratio of 0.10. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 54220 currently looks like a balanced market.

Nearby ZIP code market data

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