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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eleva is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Eleva was a Buyer's Market.

Key Takeaway

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

Housing Prices in Eleva, WI

How much do homes in Eleva, WI cost?

Median Sold Price

$529,800

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$194,800(+58.1%)

Key Takeaway

Homes in Eleva have sold for 58.1% more than they did a year ago.

Summary: The median home sold price in Eleva was $529,800 in November 2024, up 58.1% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $115K-
N/A
2 $183.3K$166.7K
-9.0%
3 $290K$522.4K
+80.1%
4 $628.5K$337.5K
-46.3%
5+ $625K$647.5K
+3.6%

Summary: Eleva housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 80.1%, 4 bedroom homes decreased by 46.3%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Cities

Eleva
+70.9%
Eleva
+58.1%

Housing Supply in Eleva, WI

How many homes are available in Eleva, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1716-5.9%

Summary: The Eleva real estate market had 16 homes for sale in November 2024, a 5.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 55
0.0%
5+ 99
0.0%

Summary: The Eleva 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eleva, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Eleva in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Eleva, WI

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Eleva has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Eleva; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 25 Days Ago

Newest Listings in Eleva, WI

Nearby Markets to Eleva, WI

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