$300,000
Land
Listing Office: Keller Williams Realty Diversified
Is Chetek, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Chetek has remained a Seller's Market.
Key Takeaway
Chetek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chetek, WI
How much do homes in Chetek, WI cost?
Median Sold Price
$274,950
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,050(-1.5%)
Key Takeaway
Homes in Chetek have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Chetek was $274,950 in November 2024, down 1.5% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158K | $126K | -20.3% |
| 2 Bedrooms | $264.9K | $250K | -5.6% |
| 3 Bedrooms | $290K | $310K | +6.9% |
| 4 Bedrooms | $300K | $282.5K | -5.8% |
| 5+ Bedrooms | $667K | $490.1K | -26.5% |
Summary: Chetek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.3%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 26.5%.
Housing Supply in Chetek, WI
How many homes are available in Chetek, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 42 | -14.3% |
Summary: The Chetek real estate market had 42 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 14 | 9 | -35.7% |
| 3 Bedrooms | 24 | 21 | -12.5% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Chetek 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 35.7%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chetek, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Chetek in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Chetek, WI
How long does it take to sell a home in Chetek, WI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 41 Days | -2.4% |
Summary: Homes in Chetek had an average of 41 days on market in Nov 2024, down by 2.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chetek has remained consistent over time.
Summary: During November 2024, 9 homes were sold in Chetek; 0% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
