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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Black River Falls is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Black River Falls was a Seller's Market.

Key Takeaway

Black River Falls 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 River Falls, WI

How much do homes in Black River Falls, WI cost?

Median Sold Price

$139,000

$95/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$81,000(-36.8%)

Key Takeaway

Homes in Black River Falls have sold for 36.8% less than they did a month ago.

Summary: The median home sold price in Black River Falls was $139,000 in November 2024, down 36.8% from last month, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $83K-
N/A
2 $135K$100K
-25.9%
3 $309.9K$189K
-39.0%
4 $267.5K$139K
-48.0%
5+ $335K-
N/A

Summary: Black River Falls 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 25.9%, 3 bedroom homes decreased by 39%, 4 bedroom homes decreased by 48%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Albion
+85.7%
Black River Falls
-36.8%
Adams
-51.3%
Brockway
-65.7%

Housing Supply in Black River Falls, WI

How many homes are available in Black River Falls, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4232-23.8%

Summary: The Black River Falls real estate market had 32 homes for sale in November 2024, a 23.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 98
-11.1%
3 2017
-15.0%
4 117
-36.4%
5+ 10
-100.0%

Summary: The Black River Falls housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
135-61.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Black River Falls, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Black River Falls in November 2024, down by 61.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Black River Falls, 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 Black River Falls, WI

Nearby Markets to Black River Falls, WI

What housing markets are near Black River Falls, WI?