Is Jim Falls, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jim Falls is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Jim Falls has remained a Seller's Market.

Key Takeaway

Jim Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jim Falls, WI

How much do homes in Jim Falls, WI cost?

Median Sold Price

$400,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$46,700(-10.5%)

Key Takeaway

Homes in Jim Falls have sold for 10.5% less than they did a year ago.

Summary: The median home sold price in Jim Falls was $400,000 in April 2024, down 10.5% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$375K
N/A
3 $165K$350.5K
+112.4%
4 $313.5K$700K
+123.3%
5+ $789.9K-
N/A

Summary: Jim Falls housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 112.4%, 4 bedroom homes increased by 123.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jim Falls
-10.5%
Anson
-21.7%

Housing Supply in Jim Falls, WI

How many homes are available in Jim Falls, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
98-11.1%

Summary: The Jim Falls real estate market had 8 homes for sale in April 2024, a 11.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 11
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Jim Falls housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jim Falls, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Jim Falls in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jim Falls, WI

How long does it take to sell a home in Jim Falls, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jim Falls has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Jim Falls; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Jim Falls, WI

Nearby Markets to Jim Falls, WI