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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeForest is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in DeForest, WI

How much do homes in DeForest, WI cost?

Median Sold Price

$441,333

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,333(+9.0%)

Key Takeaway

Homes in DeForest have sold for 9% more than they did a year ago.

Summary: The median home sold price in DeForest was $441,333 in November 2024, up 9% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $182.5K$285K
+56.2%
2 $309.9K$300K
-3.2%
3 $399.8K$420K
+5.0%
4 $545K$529.5K
-2.8%
5+ $560K$717.4K
+28.1%

Summary: DeForest housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.2%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 28.1%.

Median Sold Price Compared To Nearby Cities

Windsor
+10.6%
DeForest
+9.0%
De Forest
+9.0%

Housing Supply in DeForest, WI

How many homes are available in DeForest, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9587-8.4%

Summary: The DeForest real estate market had 87 homes for sale in November 2024, a 8.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1112
+9.1%
3 4845
-6.3%
4 2823
-17.9%
5+ 77
0.0%

Summary: The DeForest housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2617-34.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeForest, expect to pay close to the asking price. 35.3% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in DeForest in November 2024, down by 34.6% month-over-month. Of the 17 sold homes, 29% were sold under asking, 35% were sold at asking, and 35% were sold over asking.

Days on Market for DeForest, 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 2 Days Ago

Newest Listings in DeForest, WI

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