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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Erin is a seller's market

Buyer's
Market

Difference Since October 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

$555,000

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+2.8%)

Key Takeaway

Homes in Erin have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Erin was $555,000 in October 2024, up 2.8% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K-
N/A
2 $378.7K-
N/A
3 $546.5K$552.5K
+1.1%
4 $575K$585K
+1.7%
5+ $946K-
N/A

Summary: Erin 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 increased by 1.1%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ashippun
+10.6%
Erin
+2.8%
Colgate
+1.1%
Richfield
0.0%
Hubertus
-6.7%

Housing Supply in Erin, WI

How many homes are available in Erin, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
610+66.7%

Summary: The Erin real estate market had 10 homes for sale in October 2024, a 66.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 46
+50.0%
4 13
+200.0%
5+ 11
0.0%

Summary: The Erin 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 50%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Erin, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Erin in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Erin, 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 4 Days Ago

Newest Listings in Erin, WI

Nearby Markets to Erin, WI

What housing markets are near Erin, WI?