$9,975 Closing Credit*
$840,000
2,650 SqFt
3 Beds
•3 Full Baths
#1901991, Kathy Sutter, Listing Office: Premier Point Realty LLC
Is Erin, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Erin has remained a Seller's Market.
Key Takeaway
Erin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Erin, WI
How much do homes in Erin, WI cost?
Median Sold Price
$572,500
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,000(+4.8%)
Key Takeaway
Homes in Erin have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Erin was $572,500 in November 2024, up 4.8% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | - | N/A |
| 2 Bedrooms | $378.7K | - | N/A |
| 3 Bedrooms | $540K | $555K | +2.8% |
| 4 Bedrooms | $580K | $590K | +1.7% |
| 5+ Bedrooms | $1.5M | - | N/A |
Summary: Erin 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 did not change, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Erin | $546.5K | $572.5K | +4.8% |
| Richfield | $480.5K | $489.5K | +1.9% |
| Colgate | $521.2K | $515.5K | -1.1% |
Housing Supply in Erin, WI
How many homes are available in Erin, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Summary: The Erin real estate market had 7 homes for sale in November 2024, a 36.4% decrease compared to 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 | 6 | 4 | -33.3% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Erin 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 decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Erin, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Erin in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Erin, WI
We’re sorry, we don't have information for this market at the moment
