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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedar Grove is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Cedar Grove, WI

How much do homes in Cedar Grove, WI cost?

Median Sold Price

$397,000

$250/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$18,000(-4.3%)

Key Takeaway

Homes in Cedar Grove have sold for 4.3% less than they did a month ago.

Summary: The median home sold price in Cedar Grove was $397,000 in November 2024, down 4.3% from last month, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $325K$277.4K
-14.6%
3 $420K$1.1M
+175.5%
4 --
N/A
5+ --
N/A

Summary: Cedar Grove 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 14.6%, 3 bedroom homes increased by 175.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Holland
-4.1%
Cedar Grove
-4.3%

Housing Supply in Cedar Grove, WI

How many homes are available in Cedar Grove, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1211-8.3%

Summary: The Cedar Grove real estate market had 11 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 76
-14.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Cedar 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cedar Grove, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Cedar Grove in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Cedar 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 Cedar Grove, WI

Nearby Markets to Cedar Grove, WI