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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Drummond is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Drummond was a Neutral Market.

Key Takeaway

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

Housing Prices in Drummond, WI

How much do homes in Drummond, WI cost?

Median Sold Price

$282,500

$289/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$35,000(-11.0%)

Key Takeaway

Homes in Drummond have sold for 11% less than they did a month ago.

Summary: The median home sold price in Drummond was $282,500 in November 2024, down 11% from last month, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $317.5K$282.5K
-11.0%
4 --
N/A
5+ --
N/A

Summary: Drummond 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 did not change, 3 bedroom homes decreased by 11%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cable
+81.3%
Drummond
-11.0%

Housing Supply in Drummond, WI

How many homes are available in Drummond, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The Drummond real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Drummond 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Drummond, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Drummond in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Drummond, 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 21 Days Ago

Newest Listings in Drummond, WI

Nearby Markets to Drummond, WI

What housing markets are near Drummond, WI?