Is Barron 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, Barron County has remained a Seller's Market.
Key Takeaway
Barron County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barron County, WI
How much do homes in Barron County, WI cost?
Median Sold Price
$260,722
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Barron County have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Barron County was $260,722 in May 2024, up 6.4% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158K | $142.5K | -9.8% |
| 2 Bedrooms | $195.2K | $247K | +26.5% |
| 3 Bedrooms | $230K | $250K | +8.7% |
| 4 Bedrooms | $280K | $290.5K | +3.8% |
| 5+ Bedrooms | $250K | $410K | +64.0% |
Summary: Barron County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.8%, 2 bedroom homes increased by 26.5%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 64%.
Median Sold Price Compared To Nearby Counties
| Washburn County | $290K | $344K | +18.6% |
| Polk County | $275.5K | $301.5K | +9.4% |
| Dunn County | $269.6K | $287.9K | +6.8% |
| Barron County | $245K | $260.7K | +6.4% |
Housing Supply in Barron County, WI
How many homes are available in Barron County, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 278 | 324 | +16.5% |
Summary: The Barron County real estate market had 324 homes for sale in May 2024, a 16.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 7 | -30.0% |
| 2 Bedrooms | 60 | 79 | +31.7% |
| 3 Bedrooms | 121 | 144 | +19.0% |
| 4 Bedrooms | 69 | 74 | +7.2% |
| 5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The Barron County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30%, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 49 | 60 | +22.4% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barron County, you could pay more than the asking price. 48.3% of homes here sold above asking price last month.
Summary: A total of 60 homes were sold or pending in Barron County in May 2024, up by 22.4% month-over-month. Of the 60 sold homes, 30% were sold under asking, 22% were sold at asking, and 48% were sold over asking.
Days on Market for Barron County, WI
How long does it take to sell a home in Barron County, WI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 25 Days | 30 Days | +17.4% |
Summary: Homes in Barron County had an average of 30 days on market in May 2024, up by 17.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Barron County has remained consistent over time.
Summary: During May 2024, 60 homes were sold in Barron County; 7% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
