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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Denmark is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Denmark, WI

How much do homes in Denmark, WI cost?

Median Sold Price

$280,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$97,500(-25.8%)

Key Takeaway

Homes in Denmark have sold for 25.8% less than they did a year ago.

Summary: The median home sold price in Denmark was $280,000 in November 2024, down 25.8% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$270K
N/A
2 $210K$205K
-2.4%
3 $380K$272K
-28.4%
4 $415K$446K
+7.5%
5+ $400K$356K
-11.0%

Summary: Denmark housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 28.4%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 11%.

Housing Supply in Denmark, WI

How many homes are available in Denmark, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1115+36.4%

Summary: The Denmark real estate market had 15 homes for sale in November 2024, a 36.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 47
+75.0%
4 34
+33.3%
5+ 22
0.0%

Summary: The Denmark 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Denmark, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Denmark in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Denmark, 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 17 Days Ago

Newest Listings in Denmark, WI

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