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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dewey is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Dewey was a Seller's Market.

Key Takeaway

Dewey is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Dewey, WI

How much do homes in Dewey, WI cost?

Median Sold Price

$237,000

$216/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$101,000(-29.9%)

Key Takeaway

Homes in Dewey have sold for 29.9% less than they did a month ago.

Summary: The median home sold price in Dewey was $237,000 in October 2024, down 29.9% from last month, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$142K
N/A
3 $338K-
N/A
4 -$332K
N/A
5+ --
N/A

Summary: Dewey housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dewey
-29.9%
Hertel
-35.6%

Housing Supply in Dewey, WI

How many homes are available in Dewey, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
912+33.3%

Summary: The Dewey real estate market had 12 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 15
+400.0%
3 31
-66.7%
4 45
+25.0%
5+ 00
0.0%

Summary: The Dewey 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 400%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dewey, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Dewey in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Dewey, 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 20 Days Ago

Newest Listings in Dewey, WI

Nearby Markets to Dewey, WI