Is Beloit, 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, Beloit has remained a Seller's Market.
Housing Prices in Beloit, WI
How much do homes in Beloit, WI cost?
Median Sold Price
$179,950
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Beloit was $179,950 in May 2024, down 1.4% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $75.4K | -79.9% |
2 Bedrooms | $144K | $130K | -9.7% |
3 Bedrooms | $200K | $195K | -2.5% |
4 Bedrooms | $210K | $210K | 0.0% |
5+ Bedrooms | $405.5K | $254.9K | -37.1% |
Summary: Beloit housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 79.9%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 37.1%.
Median Sold Price Compared To Nearby Cities
Rockton Township | $218.7K | $246K | +12.5% |
Turtle | $250K | $281K | +12.4% |
South Beloit | $185K | $207.5K | +12.2% |
Roscoe Township | $265K | $267K | +0.8% |
Beloit | $182.5K | $179.9K | -1.4% |
Housing Supply in Beloit, WI
How many homes are available in Beloit, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
155 | 184 | +18.7% |
Summary: The Beloit real estate market had 184 homes for sale in May 2024, a 18.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 36 | 38 | +5.6% |
3 Bedrooms | 77 | 94 | +22.1% |
4 Bedrooms | 31 | 41 | +32.3% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Beloit 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 5.6%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 46 | +12.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in Beloit in May 2024, up by 12.2% month-over-month. Of the 46 sold homes, 26% were sold under asking, 13% were sold at asking, and 61% were sold over asking.
Days on Market for Beloit, WI
We’re sorry, we don't have information for this market at the moment