$1,674 Closing Credit*
$141,000
460 SqFt
Studio
•1 Full Bath
#1899714, Christ Mesoloras, Listing Office: Golden Oaks Realty LLC
Is Downtown, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$342,500
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,500(+5.4%)
Key Takeaway
Homes in Downtown have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Downtown was $342,500 in October 2024, up 5.4% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255.9K | $258.7K | +1.1% |
| 2 Bedrooms | $365.5K | $426.2K | +16.6% |
| 3 Bedrooms | $1.3M | $512.4K | -63.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Downtown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 16.6%, 3 bedroom homes decreased by 63.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Juneau Town / East Town | $292.5K | $310K | +6.0% |
| Downtown | $325K | $342.5K | +5.4% |
| Kilbourn Town / West Town | $340K | $245K | -27.9% |
Housing Supply in Downtown, WI
How many homes are available in Downtown, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 47 | +17.5% |
Summary: The Downtown real estate market had 47 homes for sale in October 2024, a 17.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 11 | +37.5% |
| 2 Bedrooms | 27 | 32 | +18.5% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Downtown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 18.5%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was 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. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Downtown in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% 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
