$7,718 Closing Credit*
$649,900
3,113 SqFt
4 Beds
•3 Full Baths
Listing Office: Woods & Water Realty Inc.
Is Chetek, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$260,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$27,500(-9.6%)
Key Takeaway
Homes in Chetek have sold for 9.6% less than they did a year ago.
Summary: The median home sold price in Chetek was $260,000 in October 2024, down 9.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158K | $126K | -20.3% |
| 2 Bedrooms | $272.5K | $250K | -8.3% |
| 3 Bedrooms | $312.5K | $294.9K | -5.6% |
| 4 Bedrooms | $300K | $282.5K | -5.8% |
| 5+ Bedrooms | $667K | $635K | -4.8% |
Summary: Chetek housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.3%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 4.8%.
Housing Supply in Chetek, WI
How many homes are available in Chetek, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 53 | +12.8% |
Summary: The Chetek real estate market had 53 homes for sale in October 2024, a 12.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 17 | 25 | +47.1% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Chetek housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 47.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chetek, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Chetek in October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 60 Days | +313.8% |
Summary: Homes in Chetek had an average of 60 days on market in Oct 2024, up by 313.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chetek are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Chetek; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
