$772 Closing Credit*
$65,000
572 SqFt
1 Bed
•2 Full Baths
#1989820, Tressy Brown, Listing Office: Century 21 Affiliated
Is Beloit, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Beloit has remained a Seller's Market.
Key Takeaway
Beloit is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beloit, WI
How much do homes in Beloit, WI cost?
Median Sold Price
$208,000
$141/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$4,777(-2.2%)
Key Takeaway
Homes in Beloit have sold for 2.2% less than they did a month ago.
Summary: The median home sold price in Beloit was $208,000 in October 2024, down 2.2% from last month, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $155.4K | -26.0% |
| 3 Bedrooms | $210.8K | $212K | 0.5% |
| 4 Bedrooms | $373.9K | $230K | -38.5% |
| 5+ Bedrooms | $229.9K | $395K | +71.8% |
Summary: Beloit 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 decreased by 26%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes increased by 71.8%.
Median Sold Price Compared To Nearby Cities
| Turtle | $350K | $360K | +2.9% |
| Beloit | $212.7K | $208K | -2.2% |
Housing Supply in Beloit, WI
How many homes are available in Beloit, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 179 | 186 | +3.9% |
Summary: The Beloit real estate market had 186 homes for sale in October 2024, a 3.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 42 | 41 | -2.4% |
| 3 Bedrooms | 102 | 103 | +1.0% |
| 4 Bedrooms | 24 | 30 | +25.0% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Beloit 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 decreased by 2.4%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 45 | 0.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beloit, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 45 homes were sold or pending in Beloit in October 2024, the same as the previous month. Of the 45 sold homes, 38% were sold under asking, 16% were sold at asking, and 47% were sold over asking.
Days on Market for Beloit, WI
How long does it take to sell a home in Beloit, WI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beloit are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 45 homes were sold in Beloit; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
