Is Danbury, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Danbury has remained a Seller's Market.
Housing Prices in Danbury, WI
How much do homes in Danbury, WI cost?
Median Sold Price
$310,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Danbury was $310,000 in May 2024, down 11.4% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $266.1K | N/A |
2 Bedrooms | $287K | $231.2K | -19.4% |
3 Bedrooms | $405K | $324K | -20.0% |
4 Bedrooms | $420K | $455K | +8.3% |
5+ Bedrooms | - | $960K | N/A |
Summary: Danbury housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.4%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Danbury | $350K | $310K | -11.4% |
Webb Lake | $539.9K | $372K | -31.1% |
Housing Supply in Danbury, WI
How many homes are available in Danbury, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
78 | 89 | +14.1% |
Summary: The Danbury real estate market had 89 homes for sale in May 2024, a 14.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 23 | 32 | +39.1% |
3 Bedrooms | 26 | 27 | +3.8% |
4 Bedrooms | 19 | 16 | -15.8% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Danbury housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 39.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Danbury in May 2024, up by 5.3% month-over-month. Of the 20 sold homes, 15% were sold under asking, 25% were sold at asking, and 60% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 26 Days | -47.1% |
Summary: Homes in Danbury had an average of 26 days on market in May 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 20 homes were sold in Danbury; 25% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.