Is Blooming Grove, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blooming Grove is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Blooming Grove, WI

How much do homes in Blooming Grove, WI cost?

Median Sold Price

$440,809

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,359(+10.1%)

Key Takeaway

Homes in Blooming Grove have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Blooming Grove was $440,809 in November 2024, up 10.1% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$215K
N/A
2 $261.7K$230K
-12.1%
3 $403K$443.7K
+10.1%
4 $492K$534K
+8.5%
5+ $467K-
N/A

Summary: Blooming Grove housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

McFarland
+14.3%
Blooming Grove
+10.1%
Madison
+6.5%
Monona
0.5%

Housing Supply in Blooming Grove, WI

How many homes are available in Blooming Grove, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The Blooming Grove real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 1312
-7.7%
4 23
+50.0%
5+ 00
0.0%

Summary: The Blooming Grove 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 7.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blooming Grove, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Blooming Grove in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.

Days on Market for Blooming Grove, 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 Blooming Grove, WI

Nearby Markets to Blooming Grove, WI

What housing markets are near Blooming Grove, WI?