$375,000
0.73 Acres
Land
#1587460, Wayne Johnson, Listing Office: Coldwell Banker Realty HDS
Is Birchwood, 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, Birchwood has remained a Neutral Market.
Key Takeaway
Birchwood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Birchwood, WI
How much do homes in Birchwood, WI cost?
Median Sold Price
$300,000
$125/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$29,900(-9.1%)
Key Takeaway
Homes in Birchwood have sold for 9.1% less than they did a month ago.
Summary: The median home sold price in Birchwood was $300,000 in November 2024, down 9.1% from last month, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | - | N/A |
| 2 Bedrooms | $330.2K | $170K | -48.5% |
| 3 Bedrooms | $320K | $289.9K | -9.4% |
| 4 Bedrooms | $730.9K | $380K | -48.0% |
| 5+ Bedrooms | - | $950K | N/A |
Summary: Birchwood housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 48.5%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 48%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Birchwood | $329.9K | $300K | -9.1% |
| Edgewater | $330.5K | $300K | -9.2% |
Housing Supply in Birchwood, WI
How many homes are available in Birchwood, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 58 | -13.4% |
Summary: The Birchwood real estate market had 58 homes for sale in November 2024, a 13.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 19 | 15 | -21.1% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Birchwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Birchwood, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Birchwood in November 2024, down by 18.2% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Birchwood, WI
How long does it take to sell a home in Birchwood, WI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 101 Days | 40 Days | -60.2% |
Summary: Homes in Birchwood had an average of 40 days on market in Nov 2024, down by 60.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Birchwood has remained consistent over time.
Summary: During November 2024, 9 homes were sold in Birchwood; 11% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
