Is Black Brook, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Black Brook is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Black Brook was a Seller's Market.

Key Takeaway

Black Brook 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 Black Brook, WI

How much do homes in Black Brook, WI cost?

Median Sold Price

$400,000

$176/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$213,000(-34.7%)

Key Takeaway

Homes in Black Brook have sold for 34.7% less than they did a month ago.

Summary: The median home sold price in Black Brook was $400,000 in November 2024, down 34.7% from last month, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 --
N/A
5+ $613K$400K
-34.7%

Summary: Black Brook 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 did not change, and 5+ bedroom homes decreased by 34.7%.

Median Sold Price Compared To Nearby Cities

Lincoln
-23.4%
Black Brook
-34.7%
Clear Lake
-38.3%

Housing Supply in Black Brook, WI

How many homes are available in Black Brook, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The Black Brook real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 22
0.0%
5+ 31
-66.7%

Summary: The Black Brook 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 200%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

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 Black Brook, 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 Black Brook in November 2024, down by 50.0% 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 Black Brook, WI

How long does it take to sell a home in Black Brook, WI?

Average Sale Time

Oct 2024Nov 2024CHANGE
52 Days21 Days-59.6%

Summary: Homes in Black Brook had an average of 21 days on market in Nov 2024, down by 59.6% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Black Brook are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Black Brook; 100% 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.

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 Black Brook, WI

Nearby Markets to Black Brook, WI

What housing markets are near Black Brook, WI?