Is De Forest, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing De Forest is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, De Forest has remained a Seller's Market.

Key Takeaway

De Forest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in De Forest, WI

How much do homes in De Forest, WI cost?

Median Sold Price

$436,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,000(+7.7%)

Key Takeaway

Homes in De Forest have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in De Forest was $436,000 in October 2024, up 7.7% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $182.5K$285K
+56.2%
2 $304.9K$300K
-1.6%
3 $399.8K$419K
+4.8%
4 $542.5K$529K
-2.5%
5+ $555K$717.4K
+29.3%

Summary: De Forest housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.2%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 29.3%.

Median Sold Price Compared To Nearby Cities

Windsor
+9.4%
De Forest
+7.7%
DeForest
+6.9%
Burke
+3.6%

Housing Supply in De Forest, WI

How many homes are available in De Forest, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9295+3.3%

Summary: The De Forest real estate market had 95 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1112
+9.1%
3 4345
+4.7%
4 3029
-3.3%
5+ 78
+14.3%

Summary: The De Forest 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 increased by 9.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1825+38.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in De Forest, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 25 homes were sold or pending in De Forest in October 2024, up by 38.9% month-over-month. Of the 25 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for De Forest, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 4 Days Ago

Newest Listings in De Forest, WI

Nearby Markets to De Forest, WI

What housing markets are near De Forest, WI?