Is Oconto 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, Oconto County has remained a Seller's Market.
Key Takeaway
Oconto County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oconto County, WI
How much do homes in Oconto County, WI cost?
Median Sold Price
$226,125
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Oconto County have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Oconto County was $226,125 in May 2024, up 13.1% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $140K | -17.6% |
| 2 Bedrooms | $168K | $162K | -3.6% |
| 3 Bedrooms | $220K | $250K | +13.6% |
| 4 Bedrooms | $204.9K | $355K | +73.3% |
| 5+ Bedrooms | $300K | $360K | +20.0% |
Summary: Oconto County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.6%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 73.3%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Counties
| Brown County | $273K | $312.3K | +14.4% |
| Shawano County | $180K | $204K | +13.3% |
| Oconto County | $199.9K | $226.1K | +13.1% |
| Menominee County | $476.7K | $501.5K | +5.2% |
| Marinette County | $175K | $178.5K | +2.0% |
Housing Supply in Oconto County, WI
How many homes are available in Oconto County, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 111 | 138 | +24.3% |
Summary: The Oconto County real estate market had 138 homes for sale in May 2024, a 24.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 29 | 41 | +41.4% |
| 3 Bedrooms | 58 | 74 | +27.6% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Oconto 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 41.4%, 3 bedroom homes increased by 27.6%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 29 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oconto County, you could pay more than the asking price. 48.3% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Oconto County in May 2024, the same as the previous month. Of the 29 sold homes, 38% were sold under asking, 14% were sold at asking, and 48% were sold over asking.
Days on Market for Oconto County, WI
We’re sorry, we don't have information for this market at the moment
