$5,936 Closing Credit*
$499,900
2,932 SqFt
3 Beds
•3 Full Baths
Listing Office: RE/MAX Affiliates *
Is Elk Mound, 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 Mound was a Neutral Market.
Key Takeaway
Elk Mound is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elk Mound, WI
How much do homes in Elk Mound, WI cost?
Median Sold Price
$390,000
$160/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$164,900(-29.7%)
Key Takeaway
Homes in Elk Mound have sold for 29.7% less than they did a month ago.
Summary: The median home sold price in Elk Mound was $390,000 in November 2024, down 29.7% from last month, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $390K | N/A |
| 4 Bedrooms | $419.9K | $404K | -3.8% |
| 5+ Bedrooms | $575K | $371K | -35.5% |
Summary: Elk Mound 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 did not change, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 35.5%.
Housing Supply in Elk Mound, WI
How many homes are available in Elk Mound, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The Elk Mound real estate market had 21 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Elk Mound 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 increased by 37.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
8 Homes Were 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 Mound, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Elk Mound in November 2024, up by 200.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for Elk Mound, WI
How long does it take to sell a home in Elk Mound, WI?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 Days | 33 Days | -62.5% |
Summary: Homes in Elk Mound had an average of 33 days on market in Nov 2024, down by 62.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Elk Mound are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Elk Mound; 11% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
