Is Pepin 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, Pepin County has remained a Buyer's Market.
Key Takeaway
Pepin County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pepin County, WI
How much do homes in Pepin County, WI cost?
Median Sold Price
$225,000
$144/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Key Takeaway
The sold price of homes in Pepin County has remained the same since last year.
Summary: The median home sold price in Pepin County was $225,000 in May 2024, the same as last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $188.5K | $937.5K | +397.3% |
| 2 Bedrooms | $170K | $185K | +8.8% |
| 3 Bedrooms | $249K | $225K | -9.6% |
| 4 Bedrooms | $220K | $225K | +2.3% |
| 5+ Bedrooms | $474.9K | $475K | 0.0% |
Summary: Pepin County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 397.3%, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Buffalo County | $185K | $230K | +24.3% |
| Eau Claire County | $275K | $295.1K | +7.3% |
| Dunn County | $269.6K | $287.9K | +6.8% |
| Pierce County | $330K | $348.4K | +5.6% |
| Pepin County | $225K | $225K | 0.0% |
Housing Supply in Pepin County, WI
How many homes are available in Pepin County, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 50 | 54 | +8.0% |
Summary: The Pepin County real estate market had 54 homes for sale in May 2024, a 8.0% 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 | 13 | +18.2% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Pepin 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 18.2%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pepin County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Pepin County in May 2024, down by 41.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Pepin County, WI
How long does it take to sell a home in Pepin County, WI?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 345 Days | 98 Days | -71.6% |
Summary: Homes in Pepin County had an average of 98 days on market in May 2024, down by 71.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pepin County has remained consistent over time.
Summary: During May 2024, 7 homes were sold in Pepin County; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
