$4,453 Closing Credit*
$375,000
2,096 SqFt
4 Beds
•3 Full Baths
#1587824, Holly Bowe, Listing Office: CB Brenizer/Chippewa
Is Chippewa Falls, 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, Chippewa Falls has remained a Seller's Market.
Key Takeaway
Chippewa Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chippewa Falls, WI
How much do homes in Chippewa Falls, WI cost?
Median Sold Price
$329,900
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,450(+3.9%)
Key Takeaway
Homes in Chippewa Falls have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Chippewa Falls was $329,900 in November 2024, up 3.9% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $175K | +12.9% |
| 2 Bedrooms | $210K | $215K | +2.4% |
| 3 Bedrooms | $300.5K | $288K | -4.2% |
| 4 Bedrooms | $383.5K | $388.2K | +1.2% |
| 5+ Bedrooms | $412K | $435.5K | +5.7% |
Summary: Chippewa Falls housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
| Lake Hallie | $350K | $364.7K | +4.2% |
| Chippewa Falls | $317.4K | $329.9K | +3.9% |
| Lafayette | $430K | $430K | 0.0% |
Housing Supply in Chippewa Falls, WI
How many homes are available in Chippewa Falls, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 170 | 166 | -2.4% |
Summary: The Chippewa Falls real estate market had 166 homes for sale in November 2024, a 2.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 26 | 24 | -7.7% |
| 3 Bedrooms | 79 | 78 | -1.3% |
| 4 Bedrooms | 45 | 41 | -8.9% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The Chippewa Falls housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chippewa Falls, expect to pay close to the asking price. 44.1% of homes here sold near the asking price last month.
Summary: A total of 34 homes were sold or pending in Chippewa Falls in November 2024, down by 5.6% month-over-month. Of the 34 sold homes, 38% were sold under asking, 44% were sold at asking, and 18% were sold over asking.
Days on Market for Chippewa Falls, WI
How long does it take to sell a home in Chippewa Falls, WI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 90 Days | +124.0% |
Summary: Homes in Chippewa Falls had an average of 90 days on market in Nov 2024, up by 124% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chippewa Falls has remained consistent over time.
Summary: During November 2024, 34 homes were sold in Chippewa Falls; 0% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
