$8,134 Closing Credit*
$684,990
2,683 SqFt
4 Beds
•2 Full Baths, 1 Partial
#1899486, Scott Pinzer, Listing Office: Kaerek Homes, Inc.
Is Colgate, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Colgate was a Seller's Market.
Key Takeaway
Colgate 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 Colgate, WI
How much do homes in Colgate, WI cost?
Median Sold Price
$515,500
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,750(-1.1%)
Key Takeaway
Homes in Colgate have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Colgate was $515,500 in November 2024, down 1.1% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90K | - | N/A |
| 3 Bedrooms | $470K | $422.5K | -10.1% |
| 4 Bedrooms | $650.1K | $643.5K | -1.0% |
| 5+ Bedrooms | $810K | $742.5K | -8.3% |
Summary: Colgate housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 10.1%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 8.3%.
Housing Supply in Colgate, WI
How many homes are available in Colgate, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Summary: The Colgate real estate market had 12 homes for sale in November 2024, a 29.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Colgate 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 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Colgate, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Colgate in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Colgate, WI
We’re sorry, we don't have information for this market at the moment
