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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Danbury is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Danbury was a Seller's Market.

Key Takeaway

Danbury 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 Danbury, WI

How much do homes in Danbury, WI cost?

Median Sold Price

$317,500

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,500(+5.8%)

Key Takeaway

Homes in Danbury have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Danbury was $317,500 in October 2024, up 5.8% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $266.1K$150K
-43.6%
2 $207K$305K
+47.3%
3 $324K$332.5K
+2.6%
4 $482.5K$350K
-27.5%
5+ -$800K
N/A

Summary: Danbury housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.6%, 2 bedroom homes increased by 47.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 27.5%, and 5+ bedroom homes did not change.

Housing Supply in Danbury, WI

How many homes are available in Danbury, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9596+1.1%

Summary: The Danbury real estate market had 96 homes for sale in October 2024, a 1.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 3131
0.0%
3 4242
0.0%
4 1215
+25.0%
5+ 64
-33.3%

Summary: The Danbury 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 remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1216+33.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Danbury, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Danbury in October 2024, up by 33.3% month-over-month. Of the 16 sold homes, 56% were sold under asking, 31% were sold at asking, and 13% were sold over asking.

Days on Market for Danbury, WI

How long does it take to sell a home in Danbury, WI?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days59 Days+95.8%

Summary: Homes in Danbury had an average of 59 days on market in Oct 2024, up by 95.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Danbury are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in Danbury; 19% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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