$6,472 Closing Credit*
$545,000
1,503 SqFt
2 Beds
•2 Full Baths
#1901851, Jim Harris, Listing Office: Shorewest Realtors, Inc.
Is Downtown, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Downtown was a Seller's Market.
Key Takeaway
Downtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Downtown, WI
How much do homes in Downtown, WI cost?
Median Sold Price
$350,000
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+7.7%)
Key Takeaway
Homes in Downtown have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Downtown was $350,000 in November 2024, up 7.7% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $272.5K | +4.8% |
| 2 Bedrooms | $356K | $427.5K | +20.1% |
| 3 Bedrooms | $1.3M | $512.4K | -63.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Downtown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 20.1%, 3 bedroom homes decreased by 63.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Downtown, WI
How many homes are available in Downtown, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 41 | +7.9% |
Summary: The Downtown real estate market had 41 homes for sale in November 2024, a 7.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 11 | +10.0% |
| 2 Bedrooms | 25 | 26 | +4.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Downtown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Downtown in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Downtown, WI
We’re sorry, we don't have information for this market at the moment
