Is Forest County, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Forest County has remained a Buyer's Market.
Key Takeaway
Forest County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Forest County, WI
How much do homes in Forest County, WI cost?
Median Sold Price
$259,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Forest County have sold for 45.9% more than they did a year ago.
Summary: The median home sold price in Forest County was $259,000 in May 2024, up 45.9% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | - | N/A |
| 2 Bedrooms | $160K | $232.5K | +45.3% |
| 3 Bedrooms | $185K | $233.5K | +26.2% |
| 4 Bedrooms | $437.5K | $335K | -23.4% |
| 5+ Bedrooms | $140K | $455K | +225.0% |
Summary: Forest County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.3%, 3 bedroom homes increased by 26.2%, 4 bedroom homes decreased by 23.4%, and 5+ bedroom homes increased by 225%.
Median Sold Price Compared To Nearby Counties
| Forest County | $177.5K | $259K | +45.9% |
| Florence County | $335K | $288.7K | -13.8% |
Housing Supply in Forest County, WI
How many homes are available in Forest County, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Summary: The Forest County real estate market had 23 homes for sale in May 2024, a 27.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 10 | 15 | +50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Forest County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Forest County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Forest County in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Forest County, WI
We’re sorry, we don't have information for this market at the moment
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.