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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Birchwood is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Birchwood was a Seller's Market.

Key Takeaway

Birchwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Birchwood, WI

How much do homes in Birchwood, WI cost?

Median Sold Price

$1,475,000

$244/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$1,175,000(+391.7%)

Key Takeaway

Homes in Birchwood have sold for 391.7% more than they did a month ago.

Summary: The median home sold price in Birchwood was $1,475,000 in December 2024, up 391.7% from last month, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $170K-
N/A
3 $289.9K-
N/A
4 $380K-
N/A
5+ $950K$1.4M
+55.3%

Summary: Birchwood housing prices by bedroom type for December 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 55.3%.

Housing Supply in Birchwood, WI

How many homes are available in Birchwood, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4640-13.0%

Summary: The Birchwood real estate market had 40 homes for sale in December 2024, a 13.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 1413
-7.1%
3 1513
-13.3%
4 64
-33.3%
5+ 98
-11.1%

Summary: The Birchwood housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Birchwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Birchwood in December 2024, down by 77.8% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2024Dec 2024CHANGE
40 Days65 Days+61.2%

Summary: Homes in Birchwood had an average of 65 days on market in Dec 2024, up by 61.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Birchwood has remained consistent over time.

Summary: During December 2024, 2 homes were sold in Birchwood; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

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