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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brodhead is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Brodhead has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brodhead, WI

How much do homes in Brodhead, WI cost?

Median Sold Price

$175,000

$155/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$153,950(-46.8%)

Key Takeaway

Homes in Brodhead have sold for 46.8% less than they did a month ago.

Summary: The median home sold price in Brodhead was $175,000 in October 2024, down 46.8% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $154.9K$197.4K
+27.5%
3 $348K$170K
-51.1%
4 $309.9K$675K
+117.8%
5+ $350K-
N/A

Summary: Brodhead housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.5%, 3 bedroom homes decreased by 51.1%, 4 bedroom homes increased by 117.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Decatur
+23.3%
Brodhead
-46.8%
Brodhead
-46.8%

Housing Supply in Brodhead, WI

How many homes are available in Brodhead, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2926-10.3%

Summary: The Brodhead real estate market had 26 homes for sale in October 2024, a 10.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1713
-23.5%
4 34
+33.3%
5+ 32
-33.3%

Summary: The Brodhead housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brodhead, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Brodhead in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Brodhead, 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 20 Days Ago

Newest Listings in Brodhead, WI

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