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 September 2023

At the same time last year, 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

$847,500

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$107,550(+14.5%)

Key Takeaway

Homes in Bishops Bay have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in Bishops Bay was $847,500 in September 2024, up 14.5% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $558K-
N/A
3 $740K$727.5K
-1.7%
4 $749.9K$1.1M
+59.0%
5+ $790K$775K
-1.9%

Summary: Bishops Bay housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 59%, and 5+ bedroom homes decreased by 1.9%.

Housing Supply in Bishops Bay, WI

How many homes are available in Bishops Bay, WI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1110-9.1%

Summary: The Bishops Bay real estate market had 10 homes for sale in September 2024, a 9.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 65
-16.7%
5+ 22
0.0%

Summary: The Bishops Bay housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bishops Bay, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

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

Nearby Markets to Bishops Bay, WI