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 buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Eagle River was a Seller's Market.

Key Takeaway

Eagle River is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Eagle River, WI

How much do homes in Eagle River, WI cost?

Median Sold Price

$571,000

$283/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$46,000(+8.8%)

Key Takeaway

Homes in Eagle River have sold for 8.8% more than they did a month ago.

Summary: The median home sold price in Eagle River was $571,000 in November 2024, up 8.8% from last month, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $565K$571K
+1.1%
4 --
N/A
5+ $525K-
N/A

Summary: Eagle River 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 increased by 1.1%, 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

Oct 2024Nov 2024CHANGE
129-25.0%

Summary: The Eagle River real estate market had 9 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 32
-33.3%
4 00
0.0%
5+ 42
-50.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 1 homes were sold or pending in Eagle River in November 2024, down by 66.7% month-over-month. Of the 1 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

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 Eagle River, WI

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