$2,374 Closing Credit*
$199,900
1,404 SqFt
2 Beds
•2 Full Baths
#1902055, Jim Emmer, Listing Office: Emmer Real Estate Group
Is Addison, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Addison has remained a Seller's Market.
Key Takeaway
Addison is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Addison, WI
How much do homes in Addison, WI cost?
Median Sold Price
$350,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,500(-1.0%)
Key Takeaway
Homes in Addison have sold for 1% less than they did a year ago.
Summary: The median home sold price in Addison was $350,000 in November 2024, down 1% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192.5K | $205K | +6.5% |
| 3 Bedrooms | $425K | $350K | -17.6% |
| 4 Bedrooms | $355K | $440K | +23.9% |
| 5+ Bedrooms | $505K | $399.9K | -20.8% |
Summary: Addison housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes decreased by 20.8%.
Median Sold Price Compared To Nearby Cities
| Allenton | $350K | $462K | +32.0% |
| Addison | $353.5K | $350K | -1.0% |
| Polk | $522K | $505K | -3.3% |
Housing Supply in Addison, WI
How many homes are available in Addison, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Addison real estate market had 4 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 0 | -100.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Addison housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Addison, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Addison in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Addison, WI
We’re sorry, we don't have information for this market at the moment
