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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colby is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Colby was a Seller's Market.

Key Takeaway

Colby is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Colby, WI

How much do homes in Colby, WI cost?

Median Sold Price

$245,000

$135/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$2,500(-1.0%)

Key Takeaway

Homes in Colby have sold for 1% less than they did a month ago.

Summary: The median home sold price in Colby was $245,000 in December 2024, down 1% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $245K$245K
0.0%
4 $250K-
N/A
5+ --
N/A

Summary: Colby housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Colby
-1.0%
Colby
-1.0%
Abbotsford
-37.5%

Housing Supply in Colby, WI

How many homes are available in Colby, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
127-41.7%

Summary: The Colby real estate market had 7 homes for sale in December 2024, a 41.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 74
-42.9%
4 41
-75.0%
5+ 12
+100.0%

Summary: The Colby housing inventory by bedroom type for December 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 42.9%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colby, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Colby in December 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Colby, 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 2 Days Ago

Newest Listings in Colby, WI

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