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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bloomfield is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Bloomfield has remained a Seller's Market.

Key Takeaway

Bloomfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bloomfield, WI

How much do homes in Bloomfield, WI cost?

Median Sold Price

$285,950

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,050(-2.1%)

Key Takeaway

Homes in Bloomfield have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Bloomfield was $285,950 in November 2024, down 2.1% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $88.5K$217.5K
+145.8%
2 $200K$225K
+12.5%
3 $285K$300K
+5.3%
4 $361.7K$335K
-7.4%
5+ $806.5K-
N/A

Summary: Bloomfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 145.8%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Genoa City
+7.9%
Lyons
+6.6%
Lake Geneva
+6.5%
Linn
-1.2%
Bloomfield
-2.1%

Housing Supply in Bloomfield, WI

How many homes are available in Bloomfield, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3533-5.7%

Summary: The Bloomfield real estate market had 33 homes for sale in November 2024, a 5.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2019
-5.0%
4 98
-11.1%
5+ 22
0.0%

Summary: The Bloomfield 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 decreased by 5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bloomfield, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Bloomfield in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.

Days on Market for Bloomfield, WI

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

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 Bloomfield are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Bloomfield; 13% 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 21 Days Ago

Newest Listings in Bloomfield, WI

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