Is Eagle River, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eagle River is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Eagle River, WI

How much do homes in Eagle River, WI cost?

Median Sold Price

$525,000

$227/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$245,100(+87.6%)

Key Takeaway

Homes in Eagle River have sold for 87.6% more than they did a month ago.

Summary: The median home sold price in Eagle River was $525,000 in October 2024, up 87.6% from last month, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $279.9K-
N/A
3 -$565K
N/A
4 --
N/A
5+ -$525K
N/A

Summary: Eagle River 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.

Housing Supply in Eagle River, WI

How many homes are available in Eagle River, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
912+33.3%

Summary: The Eagle River 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 00
0.0%
2 45
+25.0%
3 23
+50.0%
4 00
0.0%
5+ 34
+33.3%

Summary: The Eagle River 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 25%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 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 Eagle River, 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 Eagle River in October 2024, up by 50.0% 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 Eagle River, WI

How long does it take to sell a home in Eagle River, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Eagle River are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Eagle River; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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