Is Wood 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, Wood County has remained a Seller's Market.
Key Takeaway
Wood County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wood County, WI
How much do homes in Wood County, WI cost?
Median Sold Price
$208,173
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wood County have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Wood County was $208,173 in May 2024, up 15.7% 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 | $79K | $75.2K | -4.7% |
| 2 Bedrooms | $130K | $148K | +13.8% |
| 3 Bedrooms | $190K | $200K | +5.3% |
| 4 Bedrooms | $227K | $277.9K | +22.4% |
| 5+ Bedrooms | $288K | $370K | +28.5% |
Summary: Wood County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 28.5%.
Median Sold Price Compared To Nearby Counties
| Wood County | $180K | $208.1K | +15.7% |
| Portage County | $251.7K | $272K | +8.0% |
Housing Supply in Wood County, WI
How many homes are available in Wood County, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 322 | 339 | +5.3% |
Summary: The Wood County real estate market had 339 homes for sale in May 2024, a 5.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 57 | 57 | 0.0% |
| 3 Bedrooms | 161 | 167 | +3.7% |
| 4 Bedrooms | 77 | 78 | +1.3% |
| 5+ Bedrooms | 25 | 33 | +32.0% |
Summary: The Wood County 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 remained the same, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 32%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 84 | 93 | +10.7% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
43 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wood County, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 93 homes were sold or pending in Wood County in May 2024, up by 10.7% month-over-month. Of the 93 sold homes, 34% were sold under asking, 19% were sold at asking, and 46% were sold over asking.
Days on Market for Wood County, WI
We’re sorry, we don't have information for this market at the moment
