$3,918 Closing Credit*
$329,900
980 SqFt
1 Bed
•1 Full Bath
#22404576, CALA NEU, Listing Office: NORTHWOODS REALTY
Is Elk, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Elk was a Buyer's Market.
Key Takeaway
Elk is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elk, WI
How much do homes in Elk, WI cost?
Median Sold Price
$379,950
$165/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$170,050(-30.9%)
Key Takeaway
Homes in Elk have sold for 30.9% less than they did a month ago.
Summary: The median home sold price in Elk was $379,950 in October 2024, down 30.9% from last month, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $489.9K | N/A |
| 3 Bedrooms | $550K | - | N/A |
| 4 Bedrooms | - | $270K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Elk 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.
Median Sold Price Compared To Nearby Cities
| Worcester | $305K | $331K | +8.5% |
| Phillips | $305K | $255K | -16.4% |
| Elk | $550K | $379.9K | -30.9% |
Housing Supply in Elk, WI
How many homes are available in Elk, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Elk real estate market had 9 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Elk 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 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elk, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Elk in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Elk, WI
We’re sorry, we don't have information for this market at the moment
