Is Wausau, 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, Wausau has remained a Seller's Market.
Housing Prices in Wausau, WI
How much do homes in Wausau, WI cost?
Median Sold Price
$210,771
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wausau was $210,771 in May 2024, up 8.1% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $87.4K | $82.4K | -5.8% |
2 Bedrooms | $140K | $149.9K | +7.1% |
3 Bedrooms | $200K | $202.1K | +1.1% |
4 Bedrooms | $292.5K | $275K | -6.0% |
5+ Bedrooms | $324K | $377.4K | +16.5% |
Summary: Wausau housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 16.5%.
Median Sold Price Compared To Nearby Cities
Schofield | $195K | $270K | +38.5% |
Wausau | $195K | $210.7K | +8.1% |
Stettin | $452.5K | $412.5K | -8.8% |
Housing Supply in Wausau, WI
How many homes are available in Wausau, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
148 | 172 | +16.2% |
Summary: The Wausau real estate market had 172 homes for sale in May 2024, a 16.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 21 | 24 | +14.3% |
3 Bedrooms | 65 | 77 | +18.5% |
4 Bedrooms | 46 | 52 | +13.0% |
5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Wausau housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 51 | -1.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in Wausau in May 2024, down by 1.9% month-over-month. Of the 51 sold homes, 20% were sold under asking, 10% were sold at asking, and 71% were sold over asking.
Days on Market for Wausau, WI
We’re sorry, we don't have information for this market at the moment