$9,963 Closing Credit*
$839,000
6,000 SqFt
9 Beds
•4 Full Baths, 3 Partial
#1587875, Cory Vanover, Listing Office: Midwest Land Group LLC
Is Danbury, 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, Danbury was a Seller's Market.
Key Takeaway
Danbury is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Danbury, WI
How much do homes in Danbury, WI cost?
Median Sold Price
$310,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$14,000(-4.3%)
Key Takeaway
Homes in Danbury have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Danbury was $310,000 in November 2024, down 4.3% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $266.1K | $150K | -43.6% |
| 2 Bedrooms | $207K | $305K | +47.3% |
| 3 Bedrooms | $331K | $345.7K | +4.5% |
| 4 Bedrooms | $491.2K | $312.5K | -36.4% |
| 5+ Bedrooms | $960K | $800K | -16.7% |
Summary: Danbury housing prices by bedroom type for November 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 4.5%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 16.7%.
Median Sold Price Compared To Nearby Cities
| Arna Township | $123.7K | $265K | +114.1% |
| Webb Lake | $350K | $460K | +31.4% |
| Swiss | $287.5K | $285K | -0.9% |
| Danbury | $324K | $310K | -4.3% |
Housing Supply in Danbury, WI
How many homes are available in Danbury, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 85 | 68 | -20.0% |
Summary: The Danbury real estate market had 68 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 31 | 26 | -16.1% |
| 3 Bedrooms | 37 | 26 | -29.7% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Danbury 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 decreased by 16.1%, 3 bedroom homes decreased by 29.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 8 | -57.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Danbury, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Danbury in November 2024, down by 57.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 48 Days | +76.8% |
Summary: Homes in Danbury had an average of 48 days on market in Nov 2024, up by 76.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Danbury are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Danbury; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
