Is Manitowoc, 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, Manitowoc has remained a Seller's Market.
Housing Prices in Manitowoc, WI
How much do homes in Manitowoc, WI cost?
Median Sold Price
$200,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Manitowoc was $200,000 in May 2024, up 5.1% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115.5K | $106K | -8.2% |
2 Bedrooms | $147K | $175K | +19.0% |
3 Bedrooms | $194.5K | $205.5K | +5.6% |
4 Bedrooms | $242.4K | $221.9K | -8.5% |
5+ Bedrooms | $376.3K | $220K | -41.5% |
Summary: Manitowoc housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 41.5%.
Median Sold Price Compared To Nearby Cities
Two Rivers | $155K | $170K | +9.7% |
Manitowoc | $190.2K | $200K | +5.1% |
Newton | $360.5K | $318.7K | -11.6% |
Housing Supply in Manitowoc, WI
How many homes are available in Manitowoc, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
87 | 118 | +35.6% |
Summary: The Manitowoc real estate market had 118 homes for sale in May 2024, a 35.6% 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 | 11 | 16 | +45.5% |
3 Bedrooms | 43 | 56 | +30.2% |
4 Bedrooms | 23 | 38 | +65.2% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Manitowoc 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 45.5%, 3 bedroom homes increased by 30.2%, 4 bedroom homes increased by 65.2%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 34 | +47.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Manitowoc in May 2024, up by 47.8% month-over-month. Of the 34 sold homes, 12% were sold under asking, 24% were sold at asking, and 65% were sold over asking.
Days on Market for Manitowoc, WI
We’re sorry, we don't have information for this market at the moment