$850,000
1.75 Acres
Land
#1897673, Randy Rosen, Listing Office: HomeBuyers Advantage, LLC
Is Colgate, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Colgate was a Neutral Market.
Key Takeaway
Colgate is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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 October 2023
+$5,500(+1.1%)
Key Takeaway
Homes in Colgate have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Colgate was $515,500 in October 2024, up 1.1% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90K | - | N/A |
| 3 Bedrooms | $455K | $450K | -1.1% |
| 4 Bedrooms | $650.1K | $625K | -3.9% |
| 5+ Bedrooms | $810K | $742.5K | -8.3% |
Summary: Colgate housing prices by bedroom type for October 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 1.1%, 4 bedroom homes decreased by 3.9%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The Colgate real estate market had 17 homes for sale in October 2024, a 15.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Colgate housing inventory by bedroom type for October 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 28.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were 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 6 homes were sold or pending in Colgate in October 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Colgate, WI
We’re sorry, we don't have information for this market at the moment
