Is Belleville, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Belleville has remained a Seller's Market.

Key Takeaway

Belleville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Belleville, WI

How much do homes in Belleville, WI cost?

Median Sold Price

$331,500

$187/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$71,100(-17.7%)

Key Takeaway

Homes in Belleville have sold for 17.7% less than they did a month ago.

Summary: The median home sold price in Belleville was $331,500 in October 2024, down 17.7% from last month, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $213K-
N/A
3 $402.6K$360K
-10.6%
4 -$322K
N/A
5+ $550K-
N/A

Summary: Belleville housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 10.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Belleville, WI

How many homes are available in Belleville, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3635-2.8%

Summary: The Belleville real estate market had 35 homes for sale in October 2024, a 2.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2422
-8.3%
4 77
0.0%
5+ 22
0.0%

Summary: The Belleville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belleville, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Belleville in October 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for Belleville, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Belleville, WI

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