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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Draper is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Draper has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Draper, WI

How much do homes in Draper, WI cost?

Median Sold Price

$116,000

$133/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$93,500(-44.6%)

Key Takeaway

Homes in Draper have sold for 44.6% less than they did a month ago.

Summary: The median home sold price in Draper was $116,000 in November 2024, down 44.6% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$180K
N/A
2 $40K$52K
+30.0%
3 $379K-
N/A
4 --
N/A
5+ --
N/A

Summary: Draper housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Draper, WI

How many homes are available in Draper, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The Draper real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 33
0.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Draper 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Draper, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Draper in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Draper, 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 Draper, WI

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