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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Empire is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Empire has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Empire, WI

How much do homes in Empire, WI cost?

Median Sold Price

$405,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+6.6%)

Key Takeaway

Homes in Empire have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Empire was $405,000 in October 2024, up 6.6% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $365K$347.9K
-4.7%
4 $464K$612.5K
+32.0%
5+ $394K$630K
+59.9%

Summary: Empire housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 32%, and 5+ bedroom homes increased by 59.9%.

Median Sold Price Compared To Nearby Cities

Fond du Lac
+7.1%
Empire
+6.6%
Osceola
-0.5%
Taycheedah
-0.6%

Housing Supply in Empire, WI

How many homes are available in Empire, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Empire real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 67
+16.7%
4 20
-100.0%
5+ 12
+100.0%

Summary: The Empire 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 increased by 16.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Empire, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Empire in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Empire, 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 16 Days Ago

Newest Listings in Empire, WI

Nearby Markets to Empire, WI

What housing markets are near Empire, WI?