Is Bishops Bay, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bishops Bay is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Bishops Bay was a Seller's Market.

Key Takeaway

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

Housing Prices in Bishops Bay, WI

How much do homes in Bishops Bay, WI cost?

Median Sold Price

$786,700

$289/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$76,700(+10.8%)

Key Takeaway

Homes in Bishops Bay have sold for 10.8% more than they did a month ago.

Summary: The median home sold price in Bishops Bay was $786,700 in November 2024, up 10.8% from last month, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $700K$786.7K
+12.4%
5+ $1.9M-
N/A

Summary: Bishops Bay 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes did not change.

Housing Supply in Bishops Bay, WI

How many homes are available in Bishops Bay, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
108-20.0%

Summary: The Bishops Bay real estate market had 8 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 41
-75.0%
5+ 33
0.0%

Summary: The Bishops Bay 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was 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 Bishops Bay, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Bishops Bay in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bishops Bay, 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 17 Days Ago

Newest Listings in Bishops Bay, WI

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